NERC Increased Maximum Price of Natural Gas
OREANDA-NEWS. April 05, 2010. The National Electricity Regulation Commission (NERC) has increased the maximum price of natural gas for producers of nitrogen fertilizers by 3.1% to UAH 1633.3 (excluding VAT and other payments) for 1 thousand cubic meters in April-June 2010.
Millennium Capital: this news is to be neutral for Ukrainian producers of nitrogen fertilizers. The price increase has been caused by a change in the UAH/USD exchange rate. Specifically, the basis price has not changed and still equals USD 205 for 1 thousand cubic meters.
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