Naftogaz third Quarter and nine months 2020 financial results: Improvements deliver cash in a difficult environment

Reported loss for the quarter was UAH 5.5 billion, compared with a loss of UAH 4.8 billion for the third quarter of 2019

Ukrnafta paid UAH 870 million in taxes in October

The largest receipts from the rent paid by Ukrnafta were received by the budgets of Sumy, Ivano-Frankivsk and Poltava regions.

The Ministry of Energy told how it would stimulate gas production

The department is preparing a number of legislative initiatives.

The income of GTSOU amounted to UAH 44.8 billion according to the results of 9 months of 2020

OGTSU received 77% for gas transit to the EU countries and Moldova and the movement of gas at interstate points of connection.

The Ministry of Energy initiates the creation of the Decarbonization Fund

The Ministry of Energy developed the initiative with the support of the Ukrainian-Danish Energy Center and the State Agency on Energy Efficiency.

Market Operator paid over UAH 100 million in taxes

During this period, the company received a net income of UAH 43 billion.