Gas Sector News

Naftogaz reduced net profit by 64% to 13.6 billion UAH

As a result of activities in 2018, NJSC Naftogaz of Ukraine as a separate legal entity received a net profit of 13.6 billion UAH.

Naftogaz increased gas prices for industrial consumers

In May gas prices for industrial consumers were increased by 5.2 – 11.5%.

The Regulator did not find violations in the platform for daily balancing

The Energy and Utilities the National Regulatory Commission completed an unscheduled audit of Ukrtransgaz.

"Naftogaz" agreed with the government to reduce gas prices for the population

NJSC Naftogaz of Ukraine together with government representatives developed a new mechanism for determining the regulated price.

Ukrtransgaz is suing tax agency because of almost a billion UAH

Ukrtransgaz filed a lawsuit against the Office of Major Taxpayers of the State Fiscal Service.

Naftogaz and Sinosuré discussed further cooperation

The Head of the NJSC Naftogaz of Ukraine, Andriy Kobolyev, met with the President of the Chinese state export credit agency Sinosure, Wang Tingke.

Gas Sector Analytics

Gas reserves in European UGS

As of April 20, 2019 Ukrainian UGSs were loaded by 29.24%

Gas production by companies

In the overall structure 79.2% (4.200 million cubic meters) were produced by group of companies, which are subject to NJSC Naftogaz.

Ukrainian gas sector results (1st quarter of 2019)

During the heating season 2018-2019, gas pumping from UGSFs was 5.1 billion cubic meters.

Natural gas price at the European hubs

By the end of the week, the price of gas on European hubs fell by 5%.