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Gas prices in Ukraine may grow on December 1, - Naftogaz-Ukraine

Source : 112 Ukraine

The consumers who are serviced by the "last-chance supplier" are supposed to choose their market supplier and join to it prior to December 1, 2021
20:10, 22 November 2021

Price of natural gas for the population
Open source

State-run company Naftogaz-Ukraine that acts as "last-chance supplier" warned consumers that the prices will change on December 1. It is due to the fact that the discounted price (approximately 0.30 USD per 1 cubic meter) for household clients expires on this day. Press office of the company reported that on November 22.

The company claims that the consumers who are serviced by the "last-chance supplier" are supposed to choose their market supplier and join to it prior to December 1, 2021. 

Related: Moldova's support for Ukraine did not spark gas dispute with Russia,- president Sandu

Currently, Naftogaz-Ukraine serves almost 500,000 households in Donetsk, Kherson, Poltava, Zhytomyr, Zaporizhya, Khmelnytsky, Odesa, Luhansk and Ternopil regions.

As it was reported earlier, gas prices on EU and UK markets reached a new record with $1,100 per 1,000 cubic meters.

The price of November futures on the TTF hub in the Netherlands was 161.5 euros per 1 MWh (ICE prices are in euros per 1 MWh) or $1,969.2 per 1,000 cubic meters. A little later, the price dropped to $145.9 per MWh, or to $1,778 per 1,000 cubic meters.

On October 11, the rate of gas pumping in Europe's underground gas storage facilities (UGSF) has fallen to a minimal index since May.

The European Commission adopted a Communication on Energy Prices, to tackle the exceptional rise in global energy prices, which is projected to last through the winter.

Related: Ukrainian Foreign Minister: Migrants, troops at borders, gas as instrument of Russian pressure on EU

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