The commercial gas price in Ukraine has become more expensive than in the EU.

According to industry media, the price of natural gas in the Ukrainian market has been rising since July, and today the price has exceeded the European price, said industry experts. The average price for natural gas at the TTF European gas hub on Day Ahead terms in July was almost €30 per MWh, corresponding to the price in Ukraine. However, in August the average price in Ukraine has risen to €33.4, while in Europe, it is €32.5 per MWh.

It is noted that there are no definitive reasons for such a sharp increase in Ukrainian natural gas prices. Ukrainian gas storage facilities are more than 42% full, currently holding more than 13.5 billion cubic meters of gas. However, sellers with reserves of natural gas in underground storage are in no hurry to sell the resource on the market now. Some traders point out that there is a gas shortage on the market, but it is more accurate to say that there is a shortage of gas supply available for purchase on the market, though physically there is sufficient volume.