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Govt must submit bill on sale by Ukrgazvydobuvannia of part of extracted gas on stock exchanges by Nov
KYIV. Aug 31 (Interfax-Ukraine) – By October 31, 2021, the Cabinet of Ministers of Ukraine must draft and submit to the Verkhovna Rada a bill on the mandatory sale by dominant natural gas market players of a part of the extracted domestic resource on the stock exchanges.
The corresponding instruction is contained in the decision of the National Security and Defense Council of Ukraine (NSDC) of July 30 this year, which was put into effect by presidential decree No. 452 of August 28 and published on the website of the head of state.
As reported, according to the GTSOU transparency platform, gas production in Ukraine amounted to 19.742 billion cubic meters in 2020 (less by 4.4% versus 2019).
Ukrgazvydobuvannia, 100% of which belongs to NJSC Naftogaz Ukrainy, in 2020 reduced production of marketable gas by 1.2% (by 170 million cubic meters) compared to 2019, to 13.45 billion cubic meters, and the company’s gross production amounted to 14.23 billion cubic meters.
