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

Artem Petrenko: We expect a 8-10% decline in gas production

On September 20, the Verkhovna Rada of Ukraine adopted a change in the approach to calculating royalty for gas production, changing the tax base from international hubs to domestic prices. The Law came into force on October 1. A correspondent for "Ukrainian Energy" interviewed the Executive Director of the Association of Gas Producers of Ukraine, Artem Petrenko, about legislative changes and the state of the industry in general.

Read more (in Ukrainian) - https://cutt.ly/G0uv9E8

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