During the four months of the Decree of the Cabinet of Ministers, the number of LPG electronic trading bidders of PJSC UkrGasVydobuvannya has increased by 60% (to over 50 companies), which is the highest figure ever recorded.
The systematic LPG electronic trading at the Ukrainian Energy Exchange and the total transformation of the approach to the production, sale, quality management, marketing support of the products from the company to the consumer, made the trading accessible and user-friendly for a wide variety of players.
“Thanks to the Government decision, PJSC UkrGasVydobuvannya has offered more user-friendly tool to the market. And today we may observe the result of these changes: liquidity of our sales is growing, LPG market appears to be stabilizing by creating internal price indicator,” said Serhii Fedorenko, Commercial Director at PJSC UkrGasVydobuvannya.
Let us recall that previously PJSC UkrGasVydobuvannya has been limited to only two auctions a month. This has made it impossible to respond to changing market conditions.
At the end of 2017, the Cabinet of Ministers adopted a decree that allowed to sale LPG at the electronic exchange trading.
Now PJSC UkrGasVydobuvannya is able to trade weekly and quickly respond to the price fluctuations in the market.