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Gas price increase: Poroshenko demands to expand subsidy program for Ukrainians

Source : 112 Ukraine

Reportedly, the Cabinet of Ministers decided to increase prices for gas by 23.5 percent from November 1
16:40, 22 October 2018

Open source

Ukrainian President Petro Poroshenko commissioned the Government to expand the subsidy program for Ukrainians due to the gas price increase. The press office of the Presidential Administration reports.

Related: Eastern Europe is trying to break its dependence on Russian gas. Western Europe is doing the opposite.

‘As the President, I put the government very strict requirement – we have to protect people, to expand the subsidy program, to engage more funds for the implementation of this program so that less-protected segments of the society or anyone for whom the increase is critical do not suffer,’ Poroshenko noted.   

He also added that owing to the subsidies, any Ukrainian family experienced difficulties during the last gas price increase.

Related: Naftogaz starts supplying gas to Kyyivteploenerho

As we reported earlier, the Cabinet of Ministers decided to increase prices for gas by 23.5 percent from November 1. Thus, the Cabinet of Ministers set the gas price at $300 per thousand cubic meters. Yet, Prime Minister Volodymyr Groysman claimed that the gas prices have been increased by much lower amount than the International Monetary Fund initially demanded.

Related: Ukraine's Naftogaz counts Gazprom's $9 million of overpayment as gas transit debt

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