KIEV, Sept. 30 - The National Energy Regulatory Commission (NERC) has increased the ceiling price for natural gas for industrial consumers and budget-funded organizations by 11.9%, from UAH 3,026 to UAH 3,024 per 1,000 cubic meters (VAT, extra charges, transportation and supply tariffs not included).

The commission took into account the price of imported gas forecast by National JSC Naftogaz Ukrayiny of $401 per 1,000 cubic meters for the fourth quarter of 2011.