The Ministry of Energy and Coal Industry chose Ukrainian Universal Exchange for conducting auctions of oil and gas condensate of equity production.
The decision was confirmed in the Ministerial order of June 20, 2014. "According to the order of Ministry from 20.06. 2014 № 463 "On the results of the contest" the winner of the contest of exchanges is Ukrainian Universal Exchange that have right to organize and hold auctions on crude oil, gas condensate of equity production, liquefied gas sale including specialized auctions on the liquefied gas for the population needs", - stated in the message of the Ministry.
According to the Law of Ukraine "On oil and gas", the enterprises, the state's share in the authorized capital of which is 50% or more, business entities 50% or more of the shares (interests, member shares) of which are in authorized capitals of other economic entities, the shareholder is the State and holds them in a controlling stake, as well as subsidiaries, representative offices and branches of such entities and companies, the participants of the collaboration agreements, and/or persons authorized by cooperation agreements concluded with the participation of these enterprises, monthly sell crude oil and gas condensate of equity production, and liquefied gas - exclusively on exchange auctions.
According to the Information Agency UNIAN