Last week 5 trading sessions on natural gas sale and purchase were held at the Ukrainian Energy Exchange, where more than 12 million cubic meters of natural gas were sold. The initiators of the trading sessions were seven companies, five of which managed to sale/procure resources of July and August.

A record high volume of gas was put up for trading - more than 22 million cubic meters, 55% of which was sold. The most successful trading sessions remain those of Naftogaz Trading, which sold 100% of the initial natural gas volumes over the week. An important role is played by the company’s well-selected pricing strategy, as trading usually takes place with an increase in the starting price, as required by the market. Natural gas was also sold last week by PPC, SGS and Incorgaz.

Average weighted prices significantly decreased on Tuesday, July 16, and then by the end of the week remained at the level of about 5500 UAH per thousand cubic meters for both the resources of July and August. As of July 19, the average weighted prices of the resource of July - 5798.98 UAH, resource of August - 5576.05 UAH per thousand cubic meters were formed at the Ukrainian Energy Exchange.

We remind you that in order to participate in trading, interested parties usually need to undergo the KYC procedure, as well as obtain accreditation at the Exchange. We invite all interested parties to participate in trading sessions on natural gas sale and purchase at the Ukrainian Energy Exchange.