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C Citigroup Inc

62.71
-0.10 (-0.16%)
Last Updated: 15:42:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Citigroup Inc NYSE:C NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -0.16% 62.71 63.16 62.502 63.00 2,285,239 15:42:50

Ukraine to Raise Minimum Natural-Gas Price for Households

03/03/2015 10:51pm

Dow Jones News


Citigroup (NYSE:C)
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KIEV, Ukraine--Ukraine's energy regulator will raise its minimum price for natural-gas for households "around threefold," an official at the regulator said Tuesday, a key overhaul demanded by the International Monetary Fund in return for a new lending program.

The price rise will come into effect on April 1, said the official from the National Commission for Regulation of the Energy and Communal Services. Ukraine is hurrying to complete overhauls demanded by the IMF to seal a $17.5-billion loan deal that it needs to avert financial collapse.

Ukrainian governments have for years dragged their feet over raising heavily subsidized household gas prices, saying the move would place too heavy a burden on citizens.

Write to Nick Shchetko at realtimedesklondon@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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