Naftogaz cuts gas prices in March, but only for industrial consumers

Source : 112 Ukraine

Reduction is 12-15% depending on delivery conditions
11:31, 1 March 2020

Naftogaz Ukraine state company

In March 2020, Naftogaz-Ukraine National Joint-Stock Company reduced natural gas prices for industrial consumers and other business entities. The press service of Naftogaz reports.

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Depending on the volume of purchases and payment terms, Naftogaz offers gas at a price of 175 dollars per one thousand cubic meters, excluding VAT and transportation costs for trunk and distribution pipelines.

Thus, if we compare March prices with February prices, then the cost decreased by 12% -15% depending on the delivery conditions.

As we reported before, in February 2020, the wholesale price of natural gas for the needs of the population, heat producers and other consumers will amount to 161,5 dollars per one thousand cubic meters. which is 15% less than in January 2019

It is also stated that the new price will be 37% lower than in February 2019, and, accordingly, this will be the lowest wholesale price for the population since April 2016.

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Naftogaz noted that the new price was calculated in accordance with a governmental decree and reflected market trends in reducing energy costs, which had been demonstrated by key European energy exchanges.


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