Ukrainian regulator to preserve gas sales tariffs for major production companies in 2012
KYIV. Dec 29 (Interfax) - Ukraine's National Commission for Energy Regulation decided at a meeting on Thursday to preserve the tariffs on gas sales for major production companies in 2012, an Interfax correspondent reported.
The tariff will be kept at UAH 350 per 1,000 cubic meters for Ukrgazvydobuvania, at UAH 456 per 1,000 cu m for Black Sea Gas (Chernomornaftogaz), and at UAH 458 for Ukrnafta.
The Ukrainian regulator also decided to maintained gas sales tariffs for three enterprises working under a joint activities agreement between Poltavanaftogaz and Ukrnafta. Momentum Enterprises (Cyprus) will have a tariff of UAH 553 per 1,000 cu m, Regal Petroleum will have a tariff of UAH 412, and Nadra Invest will have a tariff of UAH 928.
The cost of producing gas for Ukrgazvydobuvania grew from UAH 209.08 per 1,000 cu m to UAH 257.86. For Chernomornaftogaz it increased from UAH 354.23 to UAH 422.66, for Momentum Enterprises - from UAH 421.8 to UAH 456.89, for Regal Petroleum - from UAH 305.95 to UAH 341.96, and for Nadra Invest - from UAH 829.28 to UAH 834.2.
The commission also noted insufficient substantiation for and the absence of documentary evidence of a fall in Ukrnafta's gas production in 2012, as well as growth in the company's gas production costs. The regulator decided to request that the Energy and Coal Ministry and Ukraine's national oil and gas company Naftogaz Ukrainy provide data for calculating the tariff for Ukrnafta's gas sales.
The official exchange rate on December 29 was UAH 7.9897/$1.