REUTERS

The average price of natural gas imported into Ukraine in the first month of 2020 amounted to $250.1 per 1,000 cubic meters against $202.5 a month earlier.

This constitutes a 23.5% rise from December, says the Ministry for Development of Economy, Trade and Agriculture.

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"The State Customs Service of Ukraine has calculated the average cost of imported natural gas, which was formed in the process of customs clearance of imports from January 1 to January 31, 2021, which is UAH 7,044.89, or US$ 250.1, per 1,000 cubic meters," the report says.

Background

The average price of imported natural gas in December 2020 amounted to $202.5 per 1,000 cubic meters, which was 11% higher than in November 2020.