In early March, Ukrainian officials, along with top managers of state-owned gas companies, fell into a state of group cognitive dissonance. On the one hand, in recent years, the population has been told tales about the market price of gas that killed corruption. On the other hand, the price of gas for the population and the enterprises of heating utilities, for some reason, was not determined by the market, but by the decisions of the Cabinet of Ministers, which are far from market mechanisms. Nevertheless, all the official documents, including obligations to the IMF, mentioned in the memorandum of cooperation with the fund, clearly stated the requirement to increase the price of gas for social groups of consumers by the beginning of 2020 to Hr 12,313 ($453)/thousand cubic meters.
Ukraine's Energy Challenge
OP-ED
Oleksiy Kushch: How could gas price decrease in Ukraine?
A worker walks through the UGV pipe infrastructure at Yablunivsky gas field on Oct, 26, 2018 in Poltava Oblast.
