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 Yanukovych Ready to Enter Alliance with Russia for $ 300 Gas

Last week, sources in the gas market said that on December 3 all private gas companies of Ukraine were denied the right to freely sell the produced gas. Allegedly Naftogaz struck private companies from the balance of suppliers and consumers of fuel in December 2012.

According to Economic Pravda, at the same time, according to market participants, end customers have received offers to conclude supply contract with oblast gas companies.

Potential beneficiary of this original scheme is named businessman Dmytro Firtash. It is a logical assumption, since the lion's share of oblast and city gas companies are controlled by structures related to him.

Last year alone, one of the "fathers" of RosUkrEnergo bought stakes in dozens of such companies. In addition, the Ministry of Energy and Naftogaz are controlled by people friendly to Firtash.

Private gas companies, of course, started raising alarm and predictingh apocalypse. They began to promote a theory that the main goal of Naftogaz is to rearrange the market of private gas companies.

Economic Pravda made an inquiry to Naftogaz and the Ministry of Energy to confirm or deny this information. Responses from these departments have not yet been received. But a source close to the state-owned gas companies said that nobody's talking about redistribution.

There is a matter of private gas producers actually being excluded from the gas supply. But, according to the source, it is not caused by a desire to overtake the business. Supposedly Naftogaz has accumulated too much expensive Russian gas which Ukraine is obliged to purchase under the contract of 2009.

Currently Ukraine is buying resources from Gazprom for $ 430 per thousand cubic meters. The recently approved budget for 2013 set the price of gas at $ 421.

The price at which the Ukrainian enterprises buy gas is unknown. But there have been recorded facts when budget organizations purchase fuel from Naftogaz at the price of over $ 500-700 per thousand cubic meters.

Why then would you force the economy to buy expensive Naftogaz fuel? The source says the price of gas in 2013 can be much lower due to Ukraine's joining the Customs Union. When asked how much lower, the source noted: "(we will pay) up to $ 300 per thousand cubic meters."

This scenario looks very real. Recent statements by Viktor Yanukovych confirm that Ukraine's entry into the union is close to realization.

The regime's motives are clear: the government has no currency for which to buy gas from Russia. Thus, according to Dragon Capital company, the NBU reserves fell below the "safe" level of three-month import.

Avoiding a negative scenario would be possible through the resumption of cooperation with the IMF. However, to get the money from the Fund you need to release Yulia Tymoshenko, and nobody is doing that, says the newspaper.

 
 
 
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