Yesterday, July 19, at CE "Ukrainian Energy Exchange" held regular electronic exchange trading on natural gas. By the results of trading were sold the whole volume of gas. So 5 million cubic meters of gas resource August 2017 were put up by TOV "Esko-Pivnich" (part of "Burisma Holdings") were sold at an average price of UAH 6 813,00 UAH per thousand cubic meters including VAT., while JV "Poltava Petroleum Company" has sold its 2 million cubic meters, resource August at an average price of 6 804,25 UAH per thousand cubic meters including VAT.
Note that JV "Poltava Petroleum Company" for the second time on this week held a successful electronic exchange trading. So, on July 17, 5.6 million cubic meters of natural gas resource August 2017 were sold at an average price of 6 800,18 UAH per thousand cubic meters.
"This week we saw a greater concentration of trade, in the first place this is due to an effective model of the Exchange, which allows one to effectively sell the resource. At trading we were expected by a slight increase in prices on the background of multidirectional vibrations on European hubs. Now traders start to pump gas into underground storage facilities in anticipation of rising prices before the heating season, which triggered a significant demand on the part of sellers." - commented on the results of trading CEO of "UEEX" Oleksandr Kovalenko.
On 18 July another 6 million cubic meters of natural gas resource August 2017 were traded on the "UEEX" by three companies: LLC "MET Ukraine", LLC "Kraft energy" and PJSC "MC"Ukrnaftoburinnya".