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Ukrainian State-owned companies have been mandated to sell gas at preferential prices to electricity producers

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Ukrainian State-owned companies have been mandated to sell gas at preferential prices to electricity producers

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The Cabinet of Ministers has made amendments to the Regulation on Imposing Special Obligations on Natural Gas Market Entities dated March 6, 2022, No. 222.

According to the resolution dated April 12, 2024, No. 406, Ukrgazvydobuvannya and Chornomornaftogaz are obliged to sell natural gas at a price of 7,240 hryvnias per 1,000 cubic meters (excluding VAT), not only for the needs of residential consumers, gas distribution system operators, and heat energy producers but also for electricity producers.

NJSC Naftogaz of Ukraine is entrusted with the responsibility for forming the respective natural gas resource.

Additionally, the resolution extends from April 15 to August 31, 2024, the obligations of LLC Gas Supply Company Naftogaz Trading to sell natural gas to natural gas suppliers in volumes necessary for residential consumers at a price of 7,240 hryvnias per 1,000 cubic meters (excluding VAT).

In the past weeks, the Russian army has resumed strikes on the energy infrastructure. As stated by Prime Minister Denys Shmyhal on April 6, Russia has disabled 6 GW of Ukraine's energy capacities through missile strikes in recent weeks, destroying 80% of thermal generation (CHP and TPP).

Furthermore, on April 11, Russia destroyed the Trypilska TPP, with an installed capacity of about 1.8 GW.

The Odessa Journal
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