National joint-stock company Naftogaz Ukrainy from April 1, 2017 will cut the price of gas sold to industrial consumers on a prepayment basis by 10.3% or UAH 878.40, to UAH 7,675.20 per 1,000 cubic meters (VAT included).
According to a company press release, this price is relevant for consumers buying gas in the amount of more than 50,000 cubic meters per month and under the condition the companies have no debts to Naftogaz.
The price for other customers next month will fall by 9.8%, or UAH 922.80, to UAH 8,516.40 for 1,000 cubic meters (including VAT).
As reported, the price of gas for industrial consumers on a prepayment basis and without debts in January 2016 was set at the level of UAH 6,940. By May it dropped to UAH 5,910 and then in August for a short period rose to UAH 6,560. After that it was again lowered to UAH 6,040 in September. In October last year Naftogaz raised it to UAH 6,340, in November to UAH 7,380, and in the next two months it stood at UAH 7,750-7,780 (all including VAT).
In January 2017 the price for industrial consumers on a prepayment basis and without debts was set at UAH 7,551.60 per 1,000 cubic meters, in February – UAH 9,214.80 and March – UAH 8,553.60.
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.
Naftogaz Ukrainy unites oil and gas production assets in Ukraine, and is the country's gas transit, underground gas storage, and oil pipeline transportation monopoly.
