28.03.2024

The cost of natural gas on European hubs (Day-ahead):

TTF – 27.60 EUR/MWh ($317) (+1.8%)

THE – 27.59 EUR/MWh ($317) (+1.2%)

CEGH – 28.94 EUR/MWh ($333) (+3.6%)

PEG – 27.53 EUR/MWh ($317) (+2.0%)

The cost of natural gas on European hubs (Futures Month April):

TTF – 27.65 EUR/MWh ($318) (+1.8%)

THE – 27.84 EUR/MWh ($320) (+1.6%)

CEGH – 28.51 EUR/MWh ($328) (+0.8%)

PEG – 27.45 EUR/MWh ($316) (+1.6%)

Results of natural gas purchase from domestic production by the Naftogaz Group:

March 2024

Volume - 0 million cm

Total purchased since April 26, 2023 - 1 123.5 million cm

What the transparent market is for?

In the end of February, the Extractive Industries Trasparency Initiative's report for 2014-2015 was presented in Kyiv.

During the presentation, it was established that petroleum upstream industry is the leading industry in terms of taxes paid by the extracting companies in Ukraine.

The member of the Association, Poltava Petroleum Company (PPC) cooperates with EITI since 2015. The company considers approval of Ukraine as "EITI compliant" will give a chance to attract large investors' attention to the industry once again. Essentially, it is a quality mark for potential investors in petroleum and other extrative industries.

Read about how companies plow the way to transparency on their own in the blog of PPC's CEO, Viktor Gladun: http://biz.nv.ua/experts/gladun/zachem-nuzhen-prozrachnyj-rynok-817949.html

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