Gas transportation rates to grow by 305% in 2025 – reports
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Ukraine’s gas transportation tariffs for domestic consumers will grow 4-fold – leaping from 124.16 to 501.97 hryvnias per 1,000 cubic meters starting January 1, after the increas was approved by the National Energy and Utilities Regulatory Commission on Monday.
The main driver of this hike is the halt in Russian gas transit. Dmitry Lippa, CEO of Ukraine’s Gas Transmission System Operator (GTSO), said that the year 2024 saw 85% of the company’s revenue coming from transporting Russian gas. With only 15% now coming from domestic clients, revenues fall far short of covering operational costs.
Lippa said that the GTSO is taking steps to cut expenses, including shutting down and mothballing compressor stations, reducing staff, and slashing budgets.
The new tariff is expected to hit Ukrainian industries hard. Serhiy Bilenky, who charis the Federation of Metallurgists, warned during the meeting that the metallurgical sector alone will face an additional 300 million hryvnias in costs annually. Combined with rising electricity prices, these changes impose a heavy financial burden that could threaten the viability of many Ukrainian businesses.
Amendments to Ukraine’s enforcement proceedings legislation, initiated by the Ministry of Justice of Ukraine, have entered into force. Among other measures, the reform provides for the automated lifting of attachments on bank accounts immediately after debts in enforcement proceedings have been fully settled. The main practical benefit for citizens is the complete elimination of the need to contact an enforcement officer in person and wait for paper decisions once the debt has been paid.
The 157th Separate Mechanized Brigade has received another batch of supplies as part of Rinat Akhmetov’s Steel Front military initiative. This time, the military received seven quad bikes and four mobile shower and bath units.
In my previous column, I wrote about social innovations in Ukraine. Those innovations are part of civic resilience and the democratization of security, which Europe is paying close attention to right now. The EU is trying to work out how to spread responsibility for its own security across society as a whole, rather than leaving it to institutions alone. It is looking for concrete ways to bring ordinary people into the work of defense and resistance.
Petro Poroshenko’s lawyers have appealed to the High Anti-Corruption Court demanding that NABU be obligated to register proceedings regarding the fact of exerting influence on the court and to recognize Petro Poroshenko as a victim in the case of the Deputy Head of the Office of the President, Iryna Mudra, due to her pressure on Supreme Court judges who were considering a lawsuit to overturn sanctions.
Internationally recognized brands and financial institutions should direct capital to Ukraine now, not waiting for the hostilities to end. This was emphasized by Rinat Akhmetov, president of FC Shakhtar, during a working visit to UEFA headquarters in Nyon, Switzerland, where he met with UEFA President Aleksander Čeferin.