Naftogaz to reduce gas price for industry next month

Naftogaz to reduce gas price for industry next month

NJSC Naftogaz of Ukraine will reduce the price of natural gas for industrial consumers on a prepayment basis by 10.8% from March 1, 2018, the company's press service has reported.

The price will shrink by UAH 995, to UAH 8,200 per 1,000 cubic meters (including VAT). The indicated price concerns consumers who purchase gas on a prepayment basis in the amount of over 50,000 cubic meters per month, subject to the absence of debt to the company, as well as 100% subsidiaries of the company.

For other buyers, the price of gas from March 1 will decrease by 10.6% (UAH 1,077.6), to UAH 9,630 per 1,000 cubic meters (including VAT).

From October 1, 2015, the state abolished state regulation of gas prices for all categories of consumers, except for the population and municipal heat supplying companies for the needs of the population. Since then, Naftogaz has been supplying gas to industrial consumers, budget-sustained organizations and other economic entities on market terms.

In February, Naftogaz lowered the price by 5.5-5.9%.


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