On September 8, a regular auction for the sale of liquefied gas on the domestic market took place at the Ukrainian energy exchange. The resource of production of JSC "Ukrgasvydobuvannya" with a volume of 1976 tons, with a total value of UAH 32.38 million, was presented for sale.
As a result of the auction, 1,330 tons of liquefied petroleum gas were sold. The volume of products sold is 67.5% of the volume which was put up for auction. The weighted average price formed at the auction was fixed at the level of UAH 18,157 per ton for transportation by road and UAH 18,337 per ton for transportation by rail / road. The total cost of the sold liquefied gas is UAH 24.28 million.
Despite the tendencies of previous auctions for the sale of LPG, with relatively stable prices since the end of August, sales volumes have increased.
"The participation of Ukrgasvydobuvannya in auctions for liquefied gas at the UEEX is one of the examples of stable and effective cooperation in the sale of energy resources. It is very important for us to ensure equal conditions for all market participants, in particular for state-owned companies, because an increase in the number of participants increases competition and has a positive effect on the formation of market prices, " - summed up the results of the auction CEO of UEEX Oleksandr Kovalenko.