The cost of gas on the Ukrainian exchange has risen to almost $1,500

According to the Ukrainian Energy Exchange (UEB), the price of blue fuel has reached $1,447 per thousand cubic meters

On Friday, the UEB offered 10,000 cubic meters of gas at a price of 38,532 hryvnia ($1,447) per thousand cubic meters. According to the exchange, the weighted average price of gas with VAT for October was 28,654 hryvnia ($1,078), although last month it was 18,505 hryvnia ($696) per thousand cubic meters.

As News Front previously reported, Hungary and Gazprom have signed a long-term contract to supply gas through Serbia and Austria bypassing Ukrainian territory. Ukrainian Foreign Minister Dmytro Kuleba said that the agreement was “a blow to Kiev.