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Tuesday, January 21, 2020

Ukraine's natural-gas import price reaches $358.70

Ukraine's 2014 natural gas sources generally were a 50-50 split between domestic and imported supplies.

The Economic Development and Trade Ministry of Ukraine said last week that the average customs cost of natural gas imported by Ukraine had risen to $358.70 per 1,000 cubic meters.

In December 2014, Ukraine imported natural gas from Europe at an average price of $341.20 per 1,000 cubic meters and from Russia at an average price of $384.90 per 1,000 cubic meters.

A recent Ukrtransgaz study said Ukraine imported 50 billion cubic meters of gas in 2013 and 40.1 billion cubic meters in 2014. In 2014, 51 percent of Ukraine’s gas was domestic, 36.2 percent was imported from Russia and 12.7 percent was imported from the U.S., the Ukrtransgaz data said. 

Russia ceased the flow of gas into Ukraine for six months in the middle of 2014 because of a disagreement about pricing and unpaid bills. On Dec. 19, the Russian gas supply began to flow into Ukraine once again.

Organizations in this Story

United State -Ukraine Business Council (USUBC)

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