Naftogaz to increase gas price for industrial consumers by 9.3% in Aug

KYIV. July 25 (Interfax-Ukraine) – National joint-stock company Naftogaz Ukrainy from August 1, 2016 will increase the price of gas sold to industrial consumers using advance payments by 9.3% or UAH 560.40, to UAH 6,555.60 per 1,000 cubic meter (VAT included).

The company's press service reported that the price is set for consumers buying more than 50,000 cubic meters of gas a month and having no debts to Naftogaz.

For other consumers the price will grow by 8.6% or UAH 579.60, to UAH 7,304.40 per 1,000 cubic meters (VAT included).

As reported, from October 1, 2015, the regulation of gas prices for all categories of consumers, apart from households and companies supplying heat to households, was annulled. Naftogaz now supplies gas to industrial consumers, budget-funded organizations and other economic entities as the market dictates.