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Naftogaz sues Cabinet of Ministers for 6.6bn hryvnyas

On 3 October, the Economic Court accepted the lawsuit and opened the proceedings.

Naftogaz sues Cabinet of Ministers for 6.6bn hryvnyas
Photo: UA Energy

The national oil and gas company Naftogaz Ukrayiny has asked Kyiv's Economic Court to charge the Cabinet of Ministers a 6.6bn-hryvnya (240,000-dollar) compensation.

The company argued that the government's inaction in selecting the sources of funding for a compensation to subjects of the natural gas market inflicted this amount of damage on the company.

On 1 November 2018, gas prices for households increased by 23% up to 8,548.92 hryvnyas per 1,000 cu.m.

However, the government obliged Naftogaz and regional gas supplying companies to supply gas to households and heating companies by 1 May 2020.

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