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The Cabinet had deferred the gas price hike for the population

Кабмин отложил подорожание газа для населенияThe government is already not the first year negotiating with the IMF on the price of natural gas for the population.

The Cabinet of Ministers of Ukraine before 1 June 2018 left the price of natural gas and Teplokommunenergo (CTV) at 4 942 hryvnias per thousand cubic meters For end consumers (population) price including VAT and other taxes will amount to 6,958 UAH per cu. m

The Cabinet for two months extended the special obligations of “Naftogaz of Ukraine”, its subsidiaries and regional gas suppliers to supply the population and CTV natural gas at current rates.

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This question was included as an extra and the Ministers approved it with a three-day revision.

To meet its obligations, the government must every six months to revise the price of gas for the population, depending on changes of prices on gas hub NCG (Germany). The special formula of revision prescribed in the decree No. 187, which today extended to the Ministers.

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However, in 2017 the government refused to revise the price, for fear of increasing. Instead, the Cabinet proposed to the IMF a few options for a new pricing formula for gas for Ukrainians. In Fund of all of the options rejected.

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