Absurdly, Servant of the People faction leader David Arakhamia has proposed a law to “temporarily” prohibit private companies to sell gas at commercial market prices restoring the old disastrous post-Soviet policy of subsidization that reforms ended in 2015-16.
2. Arakhamia claims that this gas can be used to the benefit of budget organizations, just as in the old Soviet days. He motivates this policy in a populist fashion as hitting against three oligarchs who produce gas in Ukraine.
3. But who would it benefit? Ukraine’s leading gas trader Dmytro Firtash, who knows how to make money on distorted gas markets. Incidentally, Ukrainska Pravda revealed that Arakhamia traveled on Firtash’s private jet to Vienna in January and February.
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4. Suddenly, the world is experiencing an extreme shortage of gas. State-owned Naftogaz’s gas production has fallen sharply because of the politically instigated chaos in its management, but private producers have compensated for its shortfall.
5. With its intrinsic logic, since Naftogaz has proven least efficient, the current Ukrainian government has given nearly all the new gas licenses to Naftogaz, while proposing a price cap for private producers to deter them from production and investment.
6. Don't Arakhamia & the Servant of the People understand that such a policy would weaken Ukraine's national security, while benefiting Putin & Firtash?
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