Ukrgazvydobuvannya paid more than 600 million UAH to local budgets

In January-May 2019, JSC Ukrgazvydobuvannya sent 603.6 UAH of rental payments to local budgets where the company produces hydrocarbons.

5% of rental payments for May 2019, which is about 132.5 UAH, will be sent to budgets of various levels in 11 regions.

Most of these funds are concentrated in two gas producing regions: Kharkiv and Poltava.

Local budgets of various levels in Kharkiv region will receive 66.1 million UAH, in the Poltava region – 56.5 million UAH, in the Lviv region – 4.7 million UAH and in Dnipropetrovsk region – 3.1 million UAH.

The other 2.1 million UAH of rental payments for May 2019 were sent to Ivano-Frankivsk, Luhansk, Sumy, Volyn, Chernivtsi, Zakarpattia and Donetsk regions.

In total, the consolidated budget of Ukraine will receive more than 12 billion UAH of rent payments from Ukrgazvydobuvannya for 5 months of 2019.

Earlier it was reported that oil and gas companies paid to local budgets 540.3 million UAH of rent for the first quarter of 2019.


Tags: gas, Naftogaz, contracts, hydrocarbon production, legislation, Ukrgazvydobuvannya, gas production, drilling

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