Results electronic exchange trading № OGCD-040619 in the direction of oil and gas condensate
VOLUME WEIGHTED AVERAGE PRICE BULLETIN
CE "Ukrainian Energy Exchange" on June 4, 2019 at 14:00 is conducting an electronic exchange trading № OGCD-040619 in the direction of oil and gas condensate in the mode of differentials trading
On the electronic exchange trading the positions are put up by:
Electronic exchange trading in the direction of oil and gas condensate is held in the Software product "Electronic Exchange Trading System" (BETS) in accordance with the Rules of exchange trading at Commodity Exchange "Ukrainian Energy Exchange" and Regulations on the electronic exchange trading at Commodity Exchange "Ukrainian Energy Exchange".
Legal persons and physical persons-entrepreneuфrs who have such right according to the current legislation of Ukraine can participate in electronic exchange trading, acquiring the status of a non-permanent member of the Exchange.
Exchange members wishing to participate in the electronic exchange trading have to submit purchase orders before 12:00 on 04.06.2019 and deposit a security (is 5% of the total value of the product for 15 days before the date of filing the application) before 12:00 on 04.06.2019 on the position №1 in the amount of 359 246.00 UAH on each lot, according to the Invoice formed in the BETS.
To participate in electronic exchange trading on the positions put up by PJSC "UKRTRANSNAFTA" it is necessary to pass preliminary qualification of PJSC "UKRTRANSNAFTA" and submit the following supporting documents to the following address: [email protected] :
1. If a Buyer is the ultimate oil refining processor:
1.1. A certified copy of the Permit of the State Service of Labor on the operation of oil and gas processing equipment and the execution of works on the processing of oil, hydrocarbon gases and condensate, issued to a refinery, the owner or legal representative of which is a buyer.
1.2. Certified copies of the constituent documents (the charter, an extract from the EDRPOU, an extract/certificate of VAT payer, a copy of the order (decision of the shareholders’ meeting) on the appointment of a manager or a person who replaces him) of the oil refinery, the owner or legal representative of which is a Buyer.
2. If a Buyer is not the ultimate oil refining processor:
2.1. A certified copy of the contract with the oil refinery for sale/processing of oil. The volume of sales/ processing of oil under such contract should be not less than the amount of oil put up for auction.
2.2. A certified copy of the Permit of the State Service of Labor on the operation of oil and gas processing equipment and the execution of works on the processing of oil, hydrocarbon gases and condensate, issued to a refinery, with which the buyer has entered into the contract on oil refining.
2.3. Certified copies of the constituent documents (the charter, an extract from the EDRPOU, an extract/certificate of VAT payer, a copy of the order (decision of the shareholders’ meeting) on the appointment of a manager or a person who replaces him)
Participants who have passed the preliminary qualification of PJSC "UKRTRANSNAFTA" will be admitted to participate in electronic exchange trading on the positions put up by PJSC "UKRTRANSNAFTA".
The trading session runs from 14 o’clock 00 minutes till 16 o’clock 00 minutes on 04.06.2019. If as at 16 o’clock 00 minutes on any of the positions trading is still ongoing, the trading session continues until the end of the trading on the last of the lots/batch of joint lots, which are still trading.
Step of differential - 10 UAH.
The winners of the electronic exchange trading during 3 days shall pay the exchange fee to the Exchange. Exchange fee is 0.1% of the amount of concluded transactions, and is calculated from the preliminary price of a product, which is 14 369.84 UAH per ton.
CE "Ukrainian Energy Exchange" holds the accreditation of journalists and mass media on the electronic exchange trading which are held in Software Product "Electronic Exchange Trading System" (BETS).
More info: +38 (044) 35-35-735 or send an application letter in free form by e-mail: [email protected].
