Ukraine: the end of post-Soviet gas pricing
Journal: Oxford University Research Archive (ORA) (University of Oxford)
Year: 2015

In 2015, Ukraine’s gas import prices have been pulled down by the effects of sustained low prices in Europe and the expanding reverse flow trade. The military crisis and soured relations with Russia have effectively finished off the post-Soviet method of setting prices by bilateral, politically influenced, negotiations. In the domestic market, shock therapy has been applied: households’ gas tariffs were hiked by 280 per cent on average, in April. Whether and how such reforms will work remains to