Gas Tariff in Ukraine from August 1: Price for Most Consumers Will Remain Unchanged

|
Gas Tariff in Ukraine from August 1: Price for Most Consumers Will Remain Unchanged

In Ukraine, starting from August 1, the gas tariff for 98% of residential consumers receiving blue fuel from the company “Naftogaz of Ukraine” will remain at the previous level, set at 7.96 UAH per cubic meter. This applies to those citizens who have chosen the “Fixed” tariff plan. The price of gas for these customers will remain unchanged at least until April 30, 2026.

This is reported by Finway

“The gas supply company ‘Naftogaz of Ukraine’, which is part of the ‘Naftogaz’ Group, will continue to supply gas to Ukrainian families at an unchanged price of 7.96 UAH per cubic meter. This is provided under the ‘Fixed’ tariff plan for residential customers. The price will be valid until April 30, 2026,” the company’s statement reads.

It is worth noting that there are several other gas suppliers operating in the Ukrainian market; however, the vast majority of residential consumers – about 98% – choose ‘Naftogaz’ as their primary supplier. At the same time, a small portion of customers using services from other companies may see price changes depending on the decisions made by those suppliers.

Scenarios for Gas Supplies for the Upcoming Heating Season

This year has proven to be challenging for the gas sector due to massive attacks by Russia on infrastructure during the last heating season. As a result, Ukraine was forced to import significant volumes of gas during the high winter prices, as its own reserves from last year remained minimal. For the summer, Ukraine faces the task of accumulating enough gas for the next winter to avoid shortages and potential increases in import costs during the cold period. According to experts’ estimates, gas outages for the population are unlikely; however, restrictions may be imposed on industrial consumers in case of shortages.

Possible Scenarios for Gas Accumulation

  • Optimistic Scenario: anticipates active gas injection of up to 32 million cubic meters per day starting in June, as well as a restoration of production volumes to the level of 2024. In this case, by November 1, there will be 15 billion cubic meters of gas in storage.
  • Average Scenario: also assumes an increase in injection rates, but to 24 million cubic meters per day from June. Production may be 10% lower than in 2024 due to possible attacks or delays in infrastructure restoration. The projected volume of reserves by November 1 is 13.02 billion cubic meters.
  • Pessimistic Scenario: takes into account the likelihood of a gas shortage during the winter period due to continued massive strikes on gas infrastructure, financial difficulties with imports, and increased demand for gas for energy generation in the summer. In this scenario, by November, only 10.29 billion cubic meters of gas may remain in underground storage.