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The Cabinet of Ukraine urges to fix utmost gas price

The Cabinet of Ukraine urges to fix utmost gas price

The Cabinet commissioned the National Energy Management Committee to set the utmost price for natural gas for Ukrainian consumers by July 1, 2006. It may not exceed $82.8 per 1,000 cubic metres.

The Committee was recommended to set the gas price for budget organizations at maximum level of $129.6 per 1,000 cubic metres and for heat-and-power municipal organizations - $137.2.

The Cabinet also charged the Committee with fixing the price which will be economically based by January 1, 2007.