Subsidiary of NAK "Naftogaz of Ukraine", LLC "Gas Supply Company "Naftogaz Trading", sold 700 thousand cubic meters of natural gas of the July resource and 700 thousand cubic meters of natural gas of the August resource at the electronic trading session of the Ukrainian Energy Exchange on July 5. The weighted average price amounted to UAH 5,122.16 UAH per thousand cubic meters and 5,041.13 UAH per thousand cubic meters for the resources of July and August, respectively.

At the trades was an extremely high level of competition, which was explained by an attractive starting price - 4 939.16 UAH with VAT per thousand cubic meters for the resource of July and 5 033.13 UAH with VAT per thousand cubic meters for the resource of August. Thus, according to the results of the trades, prices have reached the market level, in particular, the average weighted price for the resource of July increased by 3.7% of the starting price, and for the resource of August the increase in the average weighted price from the starting price amounted to only 8 UAH per thousand cubic meters.

Oleksii Dubovskyi, Chairman of the Exchange Committee of the Ukrainian Energy Exchange, commented on the results of exchange trading: "Today we have every reason to believe that our expectations regarding the positive effect on the gas market from the entry of such a major player as Naftogaz Trading on the exchange are confirmed. I hope that we will continue to implement our joint plans to build a truly competitive European-style natural gas market in Ukraine and establish market relations there".