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Exchange quotations
The goal of our activity was and remains the formation of national price benchmarks for energy, provided that an adequate level of liquidity and use of exchange tools are in place, that prevents the use of any corruption mechanisms and uncontrolled rising of energycarriers costs. At present, Commodity Exchange "Ukrainian Energy Exchange" is the only source of market prices for natural gas.
The recognition of impartiality and transparency in the formation of market prices is the publication of quotationsprovided by Ukrainian Energy Exchange by worldwide analytic agencies such as Thomson Reuters and Bloomberg.
Gas price in Ukraine on the open wholesale market is formed on the basis of exchange quotations of СE UEEX, in relation to a specific monthly resource.
Gas price cube in Ukraine for household is formed on the basis of monthly market prices, or within the limits of the guaranteed price, and also depends on tariffs for gas transportation, and on trading mark-ups of the companies-suppliers.
Method for determining quotation prices and other forms of informing about the natural gas price of CE "Ukrainian Energy Exchange" are in the presentation.
Information on weighted average prices for natural gas
according to results of electronic exchange trading on CE "Ukrainian Energy Exchange" as of 22.02.2021
The weighted average gas price of a monthly resource is calculated by dividing the total cost of concluded on the Ukrainian Energy Exchange sale and purchase deals of the resource including VAT on the sale and purchase sum of volumes of the resource based on the results of deals concluded during the entire period of its realization.
| Date | Resource | Weighted average price with VAT (on all payment terms), UAH/ thousand cub. m | Weighted average price with VAT (prepayment), UAH/ thousand cub. m | Weighted average price with VAT (after payment), UAH/ thousand cub. m |
|---|---|---|---|---|
| 22.02.2021 | February 2021 | 8 185,79 | 7 994,81 | 8 205,51 |
| 22.02.2021 | March 2021 | 7 662,21 | 7 821,86 | 7 652,18 |
| 22.02.2021 | April 2021 | 7 453,85 | 7 453,85 |
Natural gas
| Date | Product | Bazis | Value | Price, UAH with VAT | Deviation, UAH | Deviation, % |
|---|---|---|---|---|---|---|
| 02.2021 | Natural gas | віртуальна торгова точка | 333 400,00 thousand cub. m | 8 177,84 | +253,19 | +3,19% |
Natural gas (resource March 2021)
| Date | Product | Bazis | Value | Price, UAH with VAT | Deviation, UAH | Price, USD with VAT | Price, EUR with VAT | Deviation, % |
|---|---|---|---|---|---|---|---|---|
| 05.03.2021 | Natural gas | віртуальна торгова точка | 1 400,00 thousand cub. m | 7 178,57 | +74,57 | 258,63 | 214,89 | +1,05% |
Natural gas (resource February 2021)
| Date | Product | Bazis | Value | Price, UAH with VAT | Deviation, UAH | Price, USD with VAT | Price, EUR with VAT | Deviation, % |
|---|---|---|---|---|---|---|---|---|
| 24.02.2021 | Natural gas | віртуальна торгова точка | 250,00 thousand cub. m | 7 173,00 | -9,26 | 257,12 | 211,70 | -0,13% |
Natural gas (resource January 2021)
| Date | Product | Bazis | Value | Price, UAH with VAT | Deviation, UAH | Price, USD with VAT | Price, EUR with VAT | Deviation, % |
|---|---|---|---|---|---|---|---|---|
| 22.01.2021 | Natural gas | віртуальна торгова точка | 20,00 thousand cub. m | 8 028,00 | -934,00 | 284,12 | 233,61 | -10,42% |
Natural gas UGS (prepayment resource February 2021)
| Date | Product | Bazis | Value | Price, UAH with VAT | Deviation, UAH | Price, USD with VAT | Price, EUR with VAT | Deviation, % |
|---|---|---|---|---|---|---|---|---|
| 23.02.2021 | Natural gas | підземні сховища ПАТ "Укртрансгаз" | 500,00 thousand cub. m | 7 203,80 | +0,80 | 257,92 | 212,59 | +0,01% |
Natural gas UGS (prepayment resource January 2021)
| Date | Product | Bazis | Value | Price, UAH with VAT | Deviation, UAH | Price, USD with VAT | Price, EUR with VAT | Deviation, % |
|---|---|---|---|---|---|---|---|---|
| 19.01.2021 | Natural gas | підземні сховища ПАТ "Укртрансгаз" | 400,00 thousand cub. m | 8 050,00 | -50,00 | 285,54 | 236,65 | -0,62% |
Сost of natural gas on European hubs
Reported cost of natural gas on European hubs to the Ukrainian border
Calculation formula:
The price of gas = ((The price on the hub (EUR / MWh) + the average cost of transporting by the main gas pipelines in Europe (3 EUR / MWh)) * 10.62 (conversion rate MWh in cubic m.)) * EUR NBU rate as of the date + (4,45 (tariff for the entry point to the TSO of Ukraine) * 1,45 (the coefficient used for the day-ahead capacity booking) * USD NBU rate as of the date) + VAT
Weighted average price of a monthly natural gas resource
for the gas month of sale/delivery based on the results of electronic exchange trading at the Commodity Exchange "Ukrainian Energy Exchange" prior to the beginning of this gas month in accordance with the Resolution of the Cabinet of Ministers of Ukraine № 485 dated June 5, 2019 "On Amendments to the Resolution of the Cabinet of Ministers of Ukraine № 293 dated April 3, 2019"
| Billing month | UAH/thousand cub. m (incl. VAT) | UAH/thousand cub. m (w/o VAT) |
|---|---|---|
| December 2019 | 5 890,05 | 4 908,38 |
| November 2019 | 5 911,43 | 4 926,19 |
| October 2019 | 5 280,54 | 4 400,45 |
| September 2019 | 5 469,89 | 4 558,24 |
| August 2019 | 5 584,25 | 4 653,54 |
| July 2019 | 5 886,81 | 4 905,68 |