According the Cabinet’s decision, the domestic natural gas will be supplied only for population's consumtion, Fuel and Energy Minister Ivan Plachkov told Wednesday at a press conference after the Cabinet’s session.
According to the Minister, the companies UkrNafta and ChornomorNaftoGaz will have no grounds to disobey the Cabinet's decision as on July 1, 2006 prices for gas will be raised to the economically based level, the Cabinet’s press office informs.
Thereby, on July 1 the price for natural gas for consumers will be scaled up to $83 per thousand cubic metres.
According to Valery Kalchenko, a Chairman of the National Management Energy Committee, the economically grounded price should be set at $84.8 per 1,000 cubic metres.
Ukraine annually extracts about 20 milliard cubic metres of gas and consumes around 75 milliard cubic metres a year.
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