Natural gas trading results in August 2024

Last month, in PP BETS held 30 trading sessions for the purchase and sale of natural gas on the medium- and long-term market, and 4 trading sessions each day on the short-term market.

231 starting positions were formed in the PP BETS for resource trading in August and September 2024, in the GTS and UGS. In total, 69.12 million cubic meters of natural gas were sold on the medium and long-term market. It was sold 924 thousand cubic meters of natural gas on the short-term market.

On the medium- and long-term market in August, the price of sold positions was in the range of UAH 13150-14896 excluding VAT. Prices fluctuated with an upward trend by the end of the month. The initiators of the auctions formed the starting positions overwhelmingly for purchase.

On the short-term market, prices fluctuated in the range of UAH 12955.10-14263.46 excluding VAT during the month. SE Gas of Ukraine formed bids for the sale of natural gas in this segment as part of gas sales under production sharing agreements.

“Last month, trading in natural gas at the UEEX was quite active both on the medium and short-term markets. The bidders mostly concluded agreements for supply to the Ukrainian GTS. We continue to provide quality service for more than 400 companies participating in natural gas trading,” said O. Kovalenko, CEO of UEEX.