UJ.com
                        THURSDAY, SEPTEMBER 19, 2019
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Business    

Ukrainian Energy Exchange debars SOCAR after company manipulates gas prices
Journal Staff Report

KYIV, Aug 15 Ukrainian Energy Exchange (UEE) has debarred SOCAR Ukraine Trade House LLC and Central Gas Supplying Company from the bids for an attempt of manipulation of gas prices, the exchange reported on its website.

According to a report, in the course of natural gas bids on August 13, it was revealed that the aforementioned companies carried concerted purposeful actions to alternately raise the price of one of the lots of Naftogaz Trading LLC [gas supply company]. As a result of such actions of the bidders, the price of natural gas could increase by 34.8% of the initial one, and there will be no chance to sell the rest of the lots of seller. In this regard, the exchange stopped bidding and canceled the results for the specified lot.




Log in

Print article E-mail article


Currencies (in hryvnias)
  19.09.2019 prev
USD 24.67 24.76
RUR 0.383 0.386
EUR 27.27 27.31

Stock Market
  18.09.2019 prev
PFTS 517.0 516.5
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio