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Ukraine, IMF negotiated on gas price, PM claims necessity to find middle ground

Source : 112 Ukraine

The Ukrainian government claims that the gas market in Ukraine should be working
19:53, 14 January 2021

Open source

The Ukrainian government members had a meeting with the International Monetary Fund dedicated to gas tariffs for population. Ukrainian Premier Denys Shmygal claimed that there's a need to find the middle ground.

"The stance of our government is the following: the gas market in Ukraine should be working. Unfortunately, since players keep abusing their authority, hurting interests of fellow Ukrainians. We should find a middle ground that would protect people and help the gas market develop in future", the message said.

On January 13, energy infrastructure leaders agreed that the gas price for population in Ukraine would be lower than the market prices. This means the price would drop by even more than 30 percent. According to Acting Energy Minister Yuriy Vitrenko, the decision should be imposed and should start working since February.

Related: IMF mission officially resumes its work in Ukraine

The IMF is concerned about the intention of the Ukrainian government to cut the gas price for the population in the near future. Serhiy Marchenko, the Finance Minister reported that as quoted by NV.

According to the official, Ukraine took a commitment in the memorandum with the IMF, which obliges the country to shape the tariffs on the natural gas market. Marchenko underlined that the decision to cut the prices has not been made yet. It can be done in the near future. For now, the consultations are underway - in particular, with the IMF.

Related: IMF worried due to Ukraine's intention to cut gas tariffs for population, - Finance Minister

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