Date: 7 days ago   Category: Energy

Naftogaz will reduce gas price for the population of Ukraine — Rambler News Service


Naftogaz of Ukraine will reduce gas price for the population of Ukraine in July, 2019 by 10.4%, it is said in the statement of the press service of the president of Ukraine Vladimir Zelensky following the results of a meeting with representatives of Naftogaz and the Ministry of Energy and Coal Industry of the country. The head of the integrated gas business of Naftogaz Andrey Favorov who was present at a meeting reported that now in the European gas market gas volume at the expense of the offer of the Russian gas and the American liquefied fuel increased that promotes decrease in wholesale prices. Respectively, Ukraine increased purchase of this energy resource which downloads in underground storages. "In July we will reduce the price for the population by 10.4%" — Favorov reported, having signed the corresponding order. He also noted that reduction of price does not contradict conditions of cooperation with the International Monetary Fund (IMF) as is reaction to a situation in the gas market. The deputy head of office of the president of Ukraine Alexey Goncharuk, in turn, noted that increase in own production by Ukraine can affect gas price. On his belief, potential for this purpose is first of all in stimulation of use of already obtained licenses for mining. According to the Deputy Minister of Energy and the coal industry of Mikhail Bliznuk, competitions in nine sites for gas production therefore $430 million investments into increase in gas production from the Canadian, American and Ukrainian investors are expected came to the end recently. The head of the National commission which is carrying out state regulation in the sphere of power and utilities (NKREKP), Oksana Krivenko who informed on the current situation with tariffs of gas transmission companies and opportunities for the foreign companies on storage of gas in Ukraine also participated in a meeting.

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