In Ukraine twice a year will review gas prices for the population – the decision of the Cabinet

The government has amended the decree on the formation of prices for natural gas for population and religious organizations. Now the cost will be revised twice, on 1 April and 1 October.

“To establish that the marginal retail prices of natural gas for household consumers, religious organizations (except for volumes used for production-commercial activities), the prices at which the national joint-stock company “Naftogaz of Ukraine” supplies natural gas to producers of thermal energy to provide services for heating and hot water supply to population and for the production of thermal energy for religious organizations that are defined by regulations approved by the paragraph 1 of this regulation shall be reviewed every six months (1 October and 1 April),” – said in the decree.

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The document notes that from 1 may 2016 to 31 March 2017, Naftogaz buys gas at 4849 UAH per thousand cubic meters. Retail price for the population from may last year is 6879 UAH per thousand cubic meters. For industrial consumers from March 1 the cost will be UAH 8553,6 price in February – 9214,8 UAH.

Meanwhile, chief commercial officer of the group of Naftogaz Yuriy Vitrenko recently suggested that from April 1 gas for the population could increase by 40%. In response, Prime Minister Vladimir Groisman said that the increase will not be.

We will remind, on March 1 in Ukraine of planning will increase electricity tariffs for the population.