“Our production accounts for approximately 10-15% of the market. We focus on market prices: we hold auctions overseen by the auction committee under the Ministry of Economic Development, and it is this committee that sets the price. We simply take the price that has formed on the market,” he explained.
As Prokhorenko noted, since 2013, demand for liquefied gas has sharply increased, while sales of gasoline and diesel fuel have been declining by about 15% each year. At the same time, more than half of liquefied gas supplies come from Russia, so the restrictions introduced there cause a shortage of fuel on the Ukrainian market.
He also added that supply disruptions have been observed since June, and it was then that prices began to creep up. In his estimation, the situation will normalize after the market finds an alternative to the Russian product.
According to Prokhorenko, the rise in the price of liquefied gas plays into the hands of Ukrgazvydobuvannya, as it brings the company additional profit.
It is worth noting that over the past two months, the cost of liquefied gas has risen by almost a third and has come close to the mark of 13 hryvnias per liter, with half of this increase occurring in September.
