NJSC Naftogaz Ukrainy has been tasked with becoming the so-called national operator in the oil products market in order to ensure fair market prices, Naftogaz Board Chairman Yuriy Vitrenko has said. “The idea is not that the state wants to monopolize this market. But now a powerful state player should appear in the market, in … Read more
NJSC Naftogaz Ukrainy and Clear Energy Group, as part of a joint project, launched a biogas power plant operating at a solid waste landfill in Velyki Hrybovychi in Lviv region on Saturday, the company said in a statement. “Development of low-carbon businesses is a strategic choice of Naftogaz. The biogas power plant constructed here will … Read more
The Cabinet of Ministers is transferring 172 filling stations of the Glusco company to the management of NJSC Naftogaz Ukrainy, Prime Minister Denys Shmyhal has said. “Today, the government will adopt a document by which we transfer 172 Glusco filling stations to the management of the state company NJSC Naftogaz,” Shmyhal said at a government … Read more
Ukraine will continue to transit Russian natural gas as long as it is technically possible, but proposes to freeze funds from its sale on escrow accounts until the withdrawal of Russian troops from Ukraine, head of the board of NJSC Naftogaz Ukrainy Yuriy Vitrenko said to Bloomberg. “At the moment, it has been decided that … Read more
The Shebelynka oil refinery (Šhebel, Kharkiv region) has suspended operations due to the risks of hostilities, the press service of NJSC Naftogaz Ukrainy has reported. According to the press service, the staff was evacuated. The operation of the facilities is planned to be resumed after the stabilization of the situation. The Shebelynka oil refinery is … Read more
Fitch Ratings has revised National Joint Stock Company Naftogaz Ukrainy’s outlook to stable from positive, while affirming company’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, the rating agency said on its website. “The outlook revision follows a recent similar action on Ukraine’s sovereign rating (B/Stable) and the application of Fitch’s Government-Related Entities (GRE) Rating … Read more
JSC Ukrgazvydobuvannia in 2021 put into operation 50 new wells against 41 wells in 2020, the press service of the company said. According to it, 11 of them are wells with a flow rate of over 100,000 cubic meters of gas per day and three wells with a flow rate of over 250,000 cubic meters … Read more
NJSC Naftogaz Ukrainy has become a full-fledged owner of, Nadra Yuzivska LLC, which owns a special permit for the Yuzivska area until 2063, Head of the State Service of Geology and Subsoil of Ukraine Roman Opimakh said. “The unblocking of implementation of the agreement on the distribution of hydrocarbons in the Yuzivska area has begun, … Read more
NJSC Naftogaz Ukrainy has acquired over 50% in the charter capital of Nadra Yuzivska LLC owned by NJSC Nadra Ukrainy, the Antimonopoly Committee of Ukraine (AMCU) has said in a statement. In this regard, the committee began consideration of the concentration case, within the framework of which Naftogaz will be able to produce fossil fuel … Read more
Naftogaz Ukrainy in the evening on October 20 postponed the placement of dollar-denominated eurobonds indefinitely, a source in the market has told Interfax-Ukraine. According to him, a corresponding report from the company has been sent to investors. Earlier on October 20 it was reported that the benchmark for the yield of U.S. dollar eurobonds was … Read more