17:48 23.08.2017

Kubiv instructs Energy Ministry, AMC, Fiscal Service, Regulatory Service to study reasons for rise in liquefied gas price

Kubiv instructs Energy Ministry, AMC, Fiscal Service, Regulatory Service to study reasons for rise in liquefied gas price

First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has instructed the Ministry of Energy and Coal Industry, the State Regulatory Service, the State Fiscal Service and the Antimonopoly Committee of Ukraine (AMC) to study the reasons for the rise in liquefied gas prices.

He wrote about this on his Facebook page.

"Over the past few weeks the price of liquefied gas has risen in Ukraine. Ukrainian producers of liquefied gas, namely Ukrgazvydobuvannia, Ukrnafta and private companies, cover not more than 20% of the market needs. Ukraine imports the rest from Russia, Belarus, Kazakhstan and other countries. Restrictions on the part of the Russian Federation led to a decrease in imports of liquefied gas to Ukraine and, unfortunately, to its deficit," the Ministry of Economic Development and Trade reports on its Facebook page.

At the same time, the ministry does not rule out possible violations of the law on economic competition protection. In this regard, the agencies should analyze the situation in the market of liquefied gas and in the near future submit proposals for resolving this problem.

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