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Ukraine’s Economy Ministry allows to raise prices for fuel

Source : 112 Ukraine

The average cost was determined of a liter of diesel fuel ULSD 10 ppm and a liter of GASOLINE 10 ppm
14:31, 2 June 2021

Open source

The Ministry of Economy, Trade and Agriculture has published the calculations of the average price of fuel and diesel fuel on the basis of which the gas stations can establish their mark-up as the ministry reported.

“On the basis of the calculations of the Naftogaz-Ukraine, the average cost is determined of a liter of diesel fuel ULSD 10 ppm and a liter of GASOLINE 10 ppm,” the message said.

Thus, the average price of a liter of ULSD 10 ppm makes 20.91 hryvnias ($0.76) and a liter of GASOLINE 10 ppm makes 24.92 hryvnias ($0.91).

Related: Rosneft resumes supply of diesel fuel to Ukraine

Considering the maximum trade markup to the average price for diesel fuel that was set no higher than $0,25 (UAH 7) per liter and for gasoline - not higher than $ 0,18 (UAH 5) per liter, the maximum cost of the fuel makes 29.92 hryvnias ($1.09) per liter. The maximum cost of diesel fuel makes 27.91 hryvnias ($1.02) per liter.

On May 14, the Cabinet of Ministers of Ukraine adopted a resolution introducing state regulation of fuel prices. According to the document, the levels of the trade markup to the average price for diesel fuel are set no higher than $0,25 (UAH 7) per liter and for gasoline - not higher than $ 0,18 (UAH 5) per liter.

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