THE IMPACT OF UKRAINE'S FINANCIAL COOPERATION WITH THE IMF ON THE REFORMATION OF THE ENERGY MARKET AND PRICE POLICY IN THE FIELD OF GAS SUPPLY

Keywords: IMF and Ukraine, gas industry, market price, economy of Ukraine

Abstract

The research identifies necessity to implement the requirements established by the International Monetary Fund, as the need for a new tranche from the fund may lead to the implementation of uneffective policy in the gas market of Ukraine. The current competitive environment in the gas market of Ukraine has been analyzed. The article estimates the expediency of increasing gas prices in Ukraine to the market level and the possible effects of such solution for the retail customers. The comparison of the price environment on the markets of the European Union and the domestic market is carried out. Authors determine forecasted volume of the country's capacities in the gas industry and offer possible ways for the future development of the gas industry of Ukraine.

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Published
2018-10-29
How to Cite
Vasylchuk, I., Yegorova, I., & Suzdal, N. (2018). THE IMPACT OF UKRAINE’S FINANCIAL COOPERATION WITH THE IMF ON THE REFORMATION OF THE ENERGY MARKET AND PRICE POLICY IN THE FIELD OF GAS SUPPLY. Scientific Journal of Polonia University, 30(5), 52-59. https://doi.org/10.23856/3004