A gas pumping station in Poltava Oblast, belonging to state-owned gas producer Ukrgasvydobuvannya, a subsidiary of state oil and gas firm Naftogaz on May 3, 2017.

Starting this month, Ukraine has a new gas market.

The government removed a public service obligation (PSO) that kept prices artificially low, which means that the market will now determine household gas prices. These prices will rise but not by much due to this year’s massive gas glut.

Source: www.kyivpost.com

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