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Energy Ministry suggests limiting gas prices hike for vulnerable customers
Journal Staff Report

KYIV, Jan 12 - The Ministry of Energy of Ukraine proposes from February 1 to limit the price of gas for "vulnerable" consumers at the "hub [the price at European gas hubs] minus" level with the addition of a certain ceiling margin of suppliers and fix such a price for a year, acting Energy Minister Yuriy Vitrenko has said.

"According to our calculations, we are talking about the price level of UAH 5,356 [per 1,000 cubic meters], that is, 44% less than the weighted average price in January. If we do nothing, then we should expect that the price in February will increase by about 15%," he said on Facebook.




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USD 28.05 28.20
RUR 0.378 0.377
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