14:59 11.11.2015

Gas price for Naftogaz down to $266 per 1,000 cubic meters in Q3, 2015

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Gas price for Naftogaz down to $266 per 1,000 cubic meters in Q3, 2015

The average price of natural gas imports for Naftogaz Ukrainy from all directions in the third quarter of 2015 fell to $266 per 1,000 cubic meters from $268 in the second quarter and $315 in the first quarter of 2015, the press service of the state holding has reported.

Naftogaz said that the weighted average price of gas purchases in Europe in the third quarter was $258 per 1,000 cubic meters ar the point of delivery, and taking into account transportation to the border with Ukraine - $266 per 1,000 cubic meters, whereas in the previous quarter the prices were $267 and $275 respectively, and in the first quarter - $293 and $301 per 1,000 cubic meters respectively.

As reported, the price of gas of Russia's Gazprom for Naftogaz in the second quarter of this year amounted to $247.18 per 1,000 cubic meters. In the first quarter of 2015 it dropped to $329 per 1,000 cubic meters from $378 per 1,000 cubic meters in the fourth quarter of 2014.

According to Ukrtransgaz, on November 1-9, 2015 Ukraine imported 476 million cubic meters of gas from all directions. In particular imports from the Russian Federation totaled 311 million cubic meters of gas, from Europe - 165 million cubic meters.

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