OREANDA-NEWS. July 03, 2008. The National Electricity Regulatory Commission (NERC) plans to review natural gas tariffs for citizens by August 2008, NERC Chairman Valeriy Kalchenko said.

He said that as soon as the Cabinet of Ministers submits to the commission official recommendations on limit prices for the public, the NERC would send its calculations to the Economy Ministry and the Finance Ministry.

The Ukrainian government earlier suggested increasing on July 1 gas prices for citizens by 8-13,3% or UAH 28-156 per 1,000 cubic meters, to UAH 367-1,329 per 1,000 cubic meters.

On January 1, 2007, gas tariffs for the public were differentiated according to the annual consumption of gas and the presence of gas counters at the level of UAH 0,315-1,290 per 1,000 cubic meters of gas.