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.

Independent forensic audit made a decision regarding Eru Trading

All commercial buyers of Naftogaz worked in equal conditions.

Serbia has begun to build part of the Turkish Stream

The pipeline will transport Russian gas under the Black Sea through Bulgaria, Serbia and Hungary.

SOCAR AQŞ drilled a well with the depth of more than 6.8 thousand meters

Umid-Babek (UBOC) has commissioned a new production well No.16 at the Umid field.

Groysman threaten to retire Kobolyev

If the Head of Naftogaz refuses to lower gas price till April 24, 2019, Volodymyr Groysman will initiate Kobolyev’s retirement.

Searches were conducted in subsidiary of Ukrgazvydobuvannya

Law enforcement officials conduct searches in Ukrburgaz.

Gas transit through Ukraine increased due to gas pipeline repairs in Belarus

Gazprom sharply increased the volume of gas transit through Ukraine due to the repair of the Yamal-Europe pipeline.