UNIAN
The National Commission for State Regulation of Energy and Public Utilities has ordered state oil and gas company Naftogaz Ukrainy to publish its financial plan and the main indicators of its money flows in order to increase the transparency of natural gas pricing for the population.
The financial plan of NJSC Naftogaz Ukrainy for 2014 was approved by the Cabinet of Ministers in December 2014. The financial plan for 2015 has not been approved yet.
The commission adopted its decision at the meeting on March 3, when new gas tariffs for the population were announced.
"The Commission Department suggests, for the purpose of openness and transparency in the calculation and formation of natural gas prices for the population, to adopt a protocol decision on publication on the Web site of Naftogaz Ukrainy of its financial plan and the main indicators of money flows," a representative of the commission stated.
In turn, a Naftogaz Ukrainy representative said the Cabinet of Ministers is responsible for approving the financial plan of Naftogaz, and the government document may not be made public.
UNIAN has sent a formal enquiry to Naftogaz Ukrainy with a request that it disclose the basic parameters of the financial plan.
As previously reported by UNIAN, on March 3, the National Commission for State Regulation of Energy and Public Utilities raised tariffs for gas for all consumers by an average of 280% starting from April 1, as stipulated in a memorandum with the IMF, signed by the Ukrainian president, prime minister, finance minister and the head of the National Bank of Ukraine in late February of this year.
The company’s loss in 2014 amounted to UAH 110 billion.