Price on gas for Ukrainian population to remain unchanged until May 2022, - PM

Source : 112 Ukraine

Despite record gas prices on the European market, in Ukraine the price for household consumers will remain as provided by the annual contract
14:38, 14 September 2021

Open source

The price of gas in Ukraine for household consumers will not change and will remain as it was fixed in the annual tariff of gas supply companies until May 1, 2022. This was stated by Prime Minister Denys Shmygal during a press conference.

“The price of gas is fixed by the annual contract of NJSC Naftogaz at the level of 0,3 USD. This contract is valid until May 1 of the following year. Then it will be reviewed and the next year’s annual contract will be offered, for the next period of NJSC Naftogaz. In most gas supply companies, the price is also fixed at less than or around UAH 8 for household consumers,” Shmygal said.

Related: National Bank sets currency exchange rates on September 14

According to him, despite record gas prices on the European market, in Ukraine, the price for household consumers will remain the same as provided for in the annual contract with the gas supplier.

“This is a very important point because today the price is breaking world records. The price of gas is approaching and already exceeds $700 under some agreements - this is more than 750 USD per thousand cubic meters. Accordingly, we, as the government, and Naftogaz, as a state-owned company, guarantee that the price of gas for household consumers in Ukraine will not change and will remain, according to the signed annual contract, 0,3 USD. Or if other suppliers, they also have an annual contract valid in prices stipulated in the agreements,” the prime minister said.

As it was reported earlier, the price of gas in Europe during the auction on September 14 exceeded $800 for 1,000 cubic meters and broke the record. The price is rising against the background of low stocks in European storage.

Related: Ukraine to buy expensive import gas as its own production decreases, - expert

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