On September 23, the State-Owned company "Ukravtogaz" purchased at the last trades 3.6 million cubic meters of natural gas of the resource of October 2019. The weighted average purchase price amounted to 5 216 UAH per thousand cubic meters. This is the fourth successful trades of the company in 2019. In total, the state-owned company "Ukravtogaz" purchased almost 14 mcm of natural gas at the Ukrainian Energy Exchange with a total value of more than 77 million UAH.

During the trading session on competitive terms the starting price of 5 300 UAH per tcm was reduced to 5 216 UAH per tcm. This purchase price, despite the fact that SE "Ukravtogaz" is the final consumer of natural gas, is more profitable than the prices of other bidders. In total, the company, being a participant of exchange trading, maximizes the efficiency of procurement, increasing the liquidity and objectivity of exchange quotations at the Ukrainian Energy Exchange.

In order to participate in the trades of SE "Ukravtogaz" market participants shall obtain accreditation at the exchange and undergo the KYC procedure. We invite everyone interested to participate in trading sessions at the Ukrainian Energy Exchange.

We would like to remind you that "Ukravtogaz" is a subsidiary of "Naftogaz of Ukraine" and joined the "Oil" division of its parent company in early 2019. Its main activity is the operation of 90 automobile gas-filling compressor stations in Ukraine with a total capacity of 687.5 million cubic meters.