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Naftogaz, Finance Ministry to discuss gas prices with IMF

Ukraine's PM Volodymyr Groysman will charge the governing bodies with such task
12:28, 15 March 2019

Verkhovna Rada (Ukraine's Parliament)
The Verkhovna Rada

Ukraine’s PM Volodymyr Groysman stated that he would entrust Naftogaz company and Finance Ministry to discuss gas prices with the International Monetary Fund, as he said during the hour of questions to the Government on March 15, broadcasted by Rada official TV channel.

“Today, I will assign Naftogaz and the Finance Ministry to start working discussing with the IMF to settle this issue and prevent any gas prices increase basing on Naftogaz offer,” he said.

Related: Gas prices might not go up, - Naftogaz

He called Naftogaz’s offer to cancel state regulation of gas prices for the population (to sell gas for the population for $319 per 1000 cubic metres).

“What did Naftogaz offer? Naftogaz offered to cancel ceiling price for gas. Moreover, Naftogaz is a monopolist, they can reduce it for some time, and then raise to $448.5. This might be dangerous, there might be a trap, which we should avoid,” the PM added.

Related: Ukraine's Cabinet vs. Naftogaz: Who to become new gas monopolist?

He added that he supported gas prices reduction for the population.

As it was reported, Naftogaz CEO Andriy Kobolev urged the Government to liberalize gas supplies for all the consumers categories since April 2019, which will keep gas prices same in May. 

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