Monopoly Over Imported Gas Abolished

The Cabinet of Ministers of Ukraine has abolished the monopoly over imported gas sales held by the state gas company Naftogaz of Ukraine, together with its near-monopoly over gas imports. Resolution No. 939, which introduced the change, came into effect on 13 October 2012. It comes as a further step in recent reforms to the domestic natural gas market and the accompanying reorganisation of Naftogaz' business.

Previously, only Naftogaz could import gas for onward supply to Ukrainian gas consumers. The act of importing gas for consumption also severely restricted, with only six chemical producers being authorised to import gas for their own use. Other than these six, all consumers depended on Naftogaz for access to imported gas.