Prices of imported gas are on the rise / Photo from UNIAN
The price grew from US$88.4 to US$140.6.
The average price of imported natural gas in Ukraine in July 2020 was US$140.6 per 1,000 cubic meters, which was 60% up on June 2020.
"The State Customs Service of Ukraine has calculated the average price of imported natural gas formed as a result of its customs clearance amid imports into Ukrainian territory from July 1 to July 31, 2020. It was UAH 3,673.5, or US$140.6, per 1,000 cubic meters," the Ministry for Development of Economy, Trade and Agriculture said on its website.
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In June 2020, the average price of imported gas in Ukraine was US$88.4 per 1,000 cubic meters.
Natural gas market
On August 1, Ukraine launched the natural gas market for household consumers; prices of gas there are determined by the market. Gas prices were expected to go up after the launch of the gas market for households on August 1. Yet, experts forecast price hikes will not be swift as they could have been because Ukrainian underground gas storage facilities are full of gas.