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Energy Ministry not responsible for regulation of prices at LPG car fuel market, - minister
18:28, 31 August 2017
Energy Ministry not responsible for regulation of prices at LPG car fuel market, - minister

In August, average prices for LPG car fuel grew by almost 40 percent; the country’s economy is low on resources, experts say

18:28, 31 August 2017

Open source

Ukraine’s ministry for energy and coal production has no authority over regulation of prices for car fuel and the respective market in general. This was the statement by Minister Ihor Nasalyk, as he chaired the Thursday session of the working group, which has been solving crisis at the auto fuel market.  

‘Taking control over trading and regulating the market is beyond the authority of the Ministry. The government has no intention of interfering with the distribution as well; however, we are ready to assist in solving the problem,’ Nasalyk said.    

The Ukrainian official stressed the essence of jointly found solution of the issue; infrastructure needs to be expanded, so that there are more opportunities to store and transport the liquefied gas.  

In August, average prices for car fuel at gas stations across Ukraine grew by almost 40 percent; the country’s economy is low on resources, which made the prices increase drastically, experts say. The government seeks ways to solve the issue.

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