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Energy

Policy Progress: Cabinet of Ministers of Ukraine Suspended State Pricing Regulation of Petroleum Products

Policy Progress: Cabinet of Ministers of Ukraine Suspended State Pricing Regulation of Petroleum Products

The Cabinet of Ministers of Ukraine suspended the state pricing regulation of gasoline and diesel fuel by its Resolution #594 dated May 17, 2022, “On the Suspension of #414 Provision of the Cabinet of Ministers of Ukraine Resolution #1236, dated December 9, 2020”.

The American Chamber of Commerce in Ukraine welcomes such a decision that will allow to reduce risks for the market players and open procurement to a wide range of suppliers, which would contribute to the rapid filling of the market during the period of maximum demand.

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