Ukraine went through the winter with its own gas, head of the board of NJSC Naftogaz Ukrainy Oleksiy Chernyshov said on his Facebook page. “A historical event. Ten years ago no one would have believed this. Two years ago, when a full-scale war began, it was also difficult to believe. But we did it and … Read more
PJSC Ukrnafta transferred UAH 3.9 billion in dividends to the state budget as an advance payment based on the results of economic activities in 2023. “This is the first part. In total, more than UAH 8 billion will be paid in accordance with the schedule. This is twice as much as the total for the … Read more
Naftogaz Group plans to produce 15 billion cubic meters of natural gas in 2024 at the expense of PJSC Ukrgazvydobuvannia and PJSC Ukrnafta, said the head of the group, Oleksiy Chernyshov. “For 2024, our plan is to approach 15 billion cubic meters at the expense of the Ukrgazvydobuvannia and Ukrnafta enterprises,” he said at the … Read more
JSC Market Operator has developed a draft amendment to the rules of the day-ahead market (DAM) and the intraday market (IDM) and changes to the rules of the electric energy market regarding the synchronization of its work in time with European spot markets. “According to the changes proposed by the market operator, the “gate closing” … Read more
As European Commissioner for Energy Kadri Simson stated: “We are not interested in extending the tripartite gas transit agreement, which expires at the end of this year.” According to her, the countries that received Russian gas in transit through Ukraine, including Austria, Italy, and Slovakia, will be able to find alternative sources of supply. Europe … Read more
Ukraine has amassed enough natural gas reserves to meet winter heating needs without Russian imports for the first time since gaining independence, Naftogaz reported. This energy milestone comes as Russia’s full-scale invasion enters its second winter. “This is the first winter in the entire history of independence that we can rely on our own gas … Read more
PJSC Ukrnafta has extended the deadline for searching for partners for joint development of oil and gas fields until March 1, 2024. “Taking into account the fact that not all potential partners had time to familiarize themselves in detail with the capabilities of 21 fields (10 fields are located in the west and 11 in … Read more
D.Trading, a Ukrainian energy trading company owned by Ukraine’s richest man, Rinat Akhmetov, has entered the grain trading sector. “The first thousand tons were shipped to a customer,” Dmytro Malyar, D.Trading’s general director said on Facebook on Dec. 26. “This marks the initial practical step of the company in a new trading sector.” D.Trading has … Read more
Ukrnafta launched another high-yield well in eastern Ukraine with an initial daily output of over 50 tonnes of oil, the company reported. “The total depth of the new exploration well is 2,919 meters. The initial flow rate is 51.4 tonnes per day of practically anhydrous oil, water cut is 2-3%,” said company director Serhiy Koretsky. … Read more
Fitch Ratings has upgraded National Joint-Stock Company Naftogaz Ukrainy’s (Naftogaz) Long-Term Issuer Default Rating (IDR) to ‘CC’ from ‘RD’ (Restricted Default) following the completion of its eurobond restructuring, the company said on its website. “Fitch has affirmed the company’s senior unsecured notes issued by Kondor Finance plc at ‘C’; the Recovery Rating has been revised … Read more