Gazprom recently announced that the price of natural gas for Ukraine will increase from USD 268,5 to USD 385,5 and even 485,5 per thousand cubic meters (UAH 4239,8-5339,6 based on official exchange rate of National Bank of Ukraine as for 1 of April, 2014). Thus, the price of natural gas imported from Russian Federation increased by 44%.
As a result, the government of Ukraine made a decision to raise natural gas tariffs for all categories of consumers and their gradual increase to market prices.
Natural Gas Prices in Ukraine
National Commission Regulating Energy Industry approved the following prices of natural gas valid starting from 1 of April, 2014:
Thus, starting from the 2 quarter of 2014 the prices for state financed organisations and industrial consumers will be equal. The mentioned figures do not include VAT, 2% special fee for natural gas, as well as transportation and distribution tariffs.
The price of natural gas for residents will increase starting from 1 of May, 2014. Cabinet of Ministers of Ukraine recommends to approve the following tariffs:
UAH 1197 per 1000 cubic meters in case if the annual natural gas consumption does not exceed 2500 cubic meters;
UAH 1965 per 1000 cubic meters in case if the annual natural gas consumption does not exceed 6000 cubic meters;
UAH 4011 per 1000 cubic meters in case if the annual natural gas consumption exceeds 6000 cubic meters;