PM on coal price: Rotterdam-plus scheme is unacceptable
The formation of coal price according to the so-called Rotterdam-plus
formula is unacceptable. Prime Minister of Ukraine Volodymyr
Groysman stated this, opening a Government’s session
on Friday, July 1.
"I deem Rotterdam-plus scheme to be unacceptable," he said. Volodymyr Groysman recalled that
last week he had instructed to assess "Rotterdam plus" coal price
formula.
The Prime Minister noted that the decision on the coal price was made by the
National Commission for State Regulation of
Energy and Public Utilities. "This decision has been undertaken by the
independent regulator which is not subject to the Government. But the
Government is not going to sit still and contemplate how the coal price is
being formed!" he said.
The Government's position on this issue is very public, said Volodymyr Groysman.
The Prime Minister also informed that since yesterday the electricity price
for industry increased. He stressed that the price of coal and electricity should
be fair.