Today, the Ukrainian Energy Exchange is the only source that influences the establishment of the value of exchange quotations for specific energy resources in Ukraine. The activities of the Ukrainian Energy Exchange are approved at the state level by the Ministry of Economic Development, Trade and Agriculture of Ukraine. Representatives of the ministry conducted an inspection and assessment of the exchange's activities, and decided that the cost of natural gas and oil products can be formed according to indicative indicators in accordance with the UEB.
According to the latest indicators, the price of oil products, which are sold through public auctions, may rise. According to the official statement of an expert from the Ministry of Economic Development, Trade and Agriculture of Ukraine, fluctuations in quotations are associated not only with the internal impact of the exchange quotations of the Ukrainian Energy Exchange, but also with the external indicators of the European exchange system.
The price of combustible substances consists of four main parameters, including:
· Preliminary calculations of the price of a specific type of fuel, depending on the terms of the contract;
· Official exchange rate of the National Bank of Ukraine hryvnia against the US dollar;
· Indicators of stock quotes in Europe;
· The value of stock quotes on the Ukrainian Energy Exchange.
The Ministry has developed universal councils that regulate all changes in the quotes market. At the same time, any changes in the price of natural gas must be established in an additional clause of the contract, if it is a question of public auctions.
Ukrainian Energy Exchange conducts thorough checks of each participant so that transactions are concluded on transparent terms, and the results of the auction are selected only upon the fact of the most advantageous offer. The user can carry out any kind of operation using a personal computer, and an Internet connection. There is no more need to go somewhere and solve complex problems. Clients just need to offer the most favorable conditions, and the system will determine the winner. Each member guarantees that his interests will be protected on the platform.
On the site www.ueex.com .ua /rus /auctions /gas-cost-calculator / each user can use the calculator to calculate the cost of natural gas, depending on the recommendations of the Ministry of Economic Development, Trade and Agriculture of Ukraine.