The Kharkiv thermal power plant is shutting down due to high gas prices.
Kharkiv TPP-5 is being forced to stop operations and preserve equipment in connection with the new gas prices set by Naftogaz Trading. The power plant cannot operate under the current pricing policy of Naftogaz Trading, said chairman of the Kharkiv TPP-5 Oleksandr Minkovych. From June 1, the gas supply company Naftogaz Trading has set new prices for fixed gas volumes for fuel and energy companies, significantly increasing them from UAH 7,900 ($247) to UAH 29,400 ($919) per thousand cubic meters of gas. Oleksandr Minkovych once again called on officials to take measures to prevent disruption of preparations for and the start of the coming heating season.