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Volodymyr Groysman vows Government is committed to building a transparent gas market
23.11.2017 | 12:48
INFORMATION AND COMMUNICATION DEPARTMENT OF THE SECRETARIAT OF THE CMU

http://www.kmu.gov.ua/img/1x1.gifThe Ukrainian Government is committed to full de-monopolization of the sector and building a transparent gas market in Ukraine. Prime Minister of Ukraine Volodymyr Groysman said to media people in Poltava region in the framework of his working visit.

"I am a supporter of the transparency of the gas market and the formation of a fair price (for fuel inside the country)," stressed the Prime Minister.

He reminded that such an objective – deregulation and shaping an efficient fuel market – was set for the members of the newly appointed Supervisory Board of the National Joint Stock Company "Naftogaz of Ukraine" being the major energy company of the state.

Background

The formation of a transparent gas market and unbundling (separation of operations for transportation and storage (injection, withdrawal) of natural gas) of NJSC Naftogaz of Ukraine is part of a general list of measures determined among topmost priorities for the Government activities, as well as part of the agenda of reforms being pursued by Ukraine in the framework of cooperation with international partners.

On November 22, the Cabinet of Ministers approved a new Supervisory Board of NJSC Naftogaz of Ukraine, comprising 4 independent members and 3 representatives of the Government. The formed Supervisory Board of NJSC Naftogaz of Ukraine is completely independent and unbiased. This will help improve corporate governance, increase the competitiveness and investment attractiveness of the company, and enable the company to more effectively address the challenges of in the process of providing energy independence of the State and de-monopolization of the gas market.

 

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