Ukrainian Cabinet of Ministers and the National Joint-Stock Company Naftogaz of Ukraine agreed to reduce the regulated gas price for the population and heat generation at UAH 8,247 per thousand cubic meters for May 2019.
According to the press service of Naftogaz, the prices were agreed at a meeting with the participation of Prime Minister of Ukraine Vladimir Groisman and the head of the board of Naftogaz, Andriy Kobolev.
“By order of the Cabinet of Ministers, Naftogaz of Ukraine, along with governmental representatives, developed a new mechanism for determining the regulated price, which allows not only to avoid raising gas prices for households from May 1, 2019, but also to reduce it to UAH 8,247 per thousand cubic meters [the final retail price],” said in a statement.
It is expected that changes to the existing gas sale agreement between Naftogaz and all counterparties that acquire gas [to ensure public interests] will be made within May 2019.
As The Journalist reported, Groysman to initiate resignation of Kobolyev in case of gas prices increase.
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