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Ukraine to save $6-bln in energy costs in 2020 as oil prices plummet
Journal Staff Report

KYIV, March 20 Ukraine may save $5-6 billion on energy imports in 2020 due to a 50-60% reduction in prices for energy products, which account for 20% of the country's imports, NBU Deputy Governor Dmytro Sologub has said.

"Our balance of payments shows that there are both positive and negative influence factors in our current account. First of all, this is a fall in oil prices, energy products, which account for 20% of our imports, compared to $12 billion in 2019. A fall in oil prices, a decrease in gas demand may lead to the fact that this year we will save $5-6 billion," he said at an online briefing on Friday.




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Currencies (in hryvnias)
  03.08.2020 prev
USD 27.68 27.69
RUR 0.374 0.376
EUR 32.78 32.55

Stock Market
  31.07.2020 prev
PFTS 500.2 500.2
source: PFTS

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