New tariffs for gas will fill the budget in seven billion

Новые тарифы на газ пополнят бюджет на семь млрд

The growth of tariffs for gas are going to compensate for subsidies

The Cabinet decision will allow to refuse from subsidies to Naftogaz.

The establishment of a unified gas prices for households and Teplokommunenergo will provide about seven billion UAH of additional budget revenues, said the head of Naftogaz Andrey Kobelev on air of the 5th channel.

“Yes, you will still apply for grants people who have previously not issued. But, overall, for the country’s decision – is a plus 7 bn UAH for the state budget from those segments who are able to pay”, – he said.

Korolev reminded that in 2014 the total amount of subsidies and financial support for Naftogaz from the state budget, which was selling gas to the population and CTV not at market prices, amounted to more than 120 billion USD. In 2016, the state holding will not be subsidized from the state budget, and the payment of subsidies to vulnerable population groups will be allocated about 35 billion USD.

In turn, the Ministry of Finance calculated that the proceeds in the General Fund budget will increase by UAH 6.7 billion. This figure includes revenue growth of rent in natural gas production of 3.8 billion USD, the profit tax of the enterprises – by 1.2 billion USD, increased inflow of VAT – UAH 2.1 billion, and the fall in income tax on the income of natural persons due to the planned abolition of the taxation of pensions by 0.4 billion USD.

As reported today, Cabinet has established a single price for gas for the population-level 6,879 thousand UAH, and for Teplokommunenergo at the level of 6.81 thousand UAH for 1 thousand cubic meters.

Authorities explained the increase in gas tariffs