Naftogaz

Ukraine starts stockpiling gas with EBRD loan for emergency reserves

Naftogaz Group has begun purchasing natural gas to be stored under a customs warehouse regime, using a €200 million ($222 million) credit line from the European Bank for Reconstruction and Development (EBRD), Interfax-Ukraine reported on Aug. 28.

30 August 2024, 07:30 PM

Ukraine eyes future as gas exporter to EU, explores supply from Azerbaijan

Ukraine plans to continue transporting natural gas to Slovakia, but recognizes "the need for new solutions" to ensure common energy security, said Oleksiy Chernyshov, CEO of the state oil and gas company Naftogaz, during his meeting with Slovak Deputy PM Denisa Sakova and energy company representatives in Bratislava.

28 August 2024, 12:54 PM

Ukraine boosts output from old natural gas field

Ukraine’s state-owned natural gas company UkrGasVydobuvannya has launched a new extraction well at an old gas field, boosting its output by 107,000 cubic meters per day, the company announced on Aug. 21.

24 August 2024, 02:24 PM

Naftogaz chief: Gas storage operations in Ukraine continue despite Russian strikes

Russian strikes on Ukraine's onshore energy infrastructure haven’t disrupted gas injection into Ukrainian storage facilities, according to Naftogaz of Ukraine’s CEO, Oleksiy Chernyshov. In an interview with the Financial Times on Aug. 12, Chernyshov reassured that repairs have been completed, and gas injection is proceeding as usual.

12 August 2024, 03:55 PM

Naftogaz CEO reveals company's true losses and profits

Naftogaz, Ukraine's national oil and gaz company, is on the financial upswing, thanks to the lack of governmental pressure, CEO Oleksiy Chernyshov said in an interview with NV Business.

6 August 2024, 02:23 PM

Chernyshov addresses Firtash Oblgaz situation and potential privatization

The decision to concentrate regional gas companies under the Gas Distribution Networks of Ukraine, previously influenced by Dmytro Firtash, does not belong to Naftogaz, but the gas distribution business itself should be privatized, Naftogaz CEO Oleksiy Chernyshov said in an interview with NV Business, noting that in 2023, Naftogaz integrated 27 regional gas companies, serving 94% of consumers.

6 August 2024, 12:35 PM

Naftogaz outlines Winter preparations: What Ukrainians can expect

Naftogaz Group is actively preparing for the heating season, with over 10 billion cubic meters of gas currently stored in underground reserves, the press service of Naftogaz reported on Facebook on July 22.

22 July 2024, 05:10 PM

Ukraine's Naftogaz completes mandatory Eurobond payments on restructuring schedule

Ukraine's Naftogaz made mandatory payments on Eurobonds in compliance with the restructuring schedule, Naftogaz Group head, Oleksiy Chernyshov, said, Naftogaz's press service reported on July 19.

19 July 2024, 02:09 PM

Naftogaz outlines Ukraine's risks after ending Russian gas transit

NJSC Naftogaz will not extend the agreement on the transit of Russian gas and is currently searching for alternative solutions to support the operation of the Ukrainian gas transportation system, said Oleksiy Chernyshov, Chairman of the Board of NJSC Naftogaz, in an interview with Liga.net on July 17.

18 July 2024, 05:35 PM

Ukraine breaks gas production record with over 40 new wells drilled by UkrGasVydobuvannya

In the first half of the year, Ukraine’s largest gas producer UkrGasVydobuvannya produced 6.913 bcm of commercial gas, which is 8.8% more than in the same period last year, the company reported on July 16.

16 July 2024, 04:25 PM

Naftogaz, Ukraine’s state-owned oil company, reports $247 million profit in quarter

In the first quarter of 2024, Naftogaz Group reported a net profit of UAH 10.9 billion ($270 million), a significant turnaround from a net loss of UAH 1.4 billion ($34.6 billion) in the same period of 2023, the company announced on June 28.

28 June 2024, 10:31 PM

State-owned Ukrtatnafta to get an independent oversight board

Ukraine’s state-owned enterprise Naftogaz and the Defense Ministry, the sole shareholders of oil refining company Ukrtatnafta, have decided to establish an independent oversight board to manage the business, Naftogaz announced on May 21.

22 May 2024, 01:36 AM

Naftogaz earns $585 million in 2023

Naftogaz Group has got a profit of $585 million in 2023, a stark contrast to the $2 billion loss recorded in 2022, company's press service reported on May 7.

7 May 2024, 05:45 PM

More anti-air needed to protect gas storage, Naftogaz says

EU countries must provide additional air defense systems to help protect natural gas storage facilities from Russian missile strikes, given that Ukraine’s gas infrastructure is integrated with the European network, the head of Ukrainian oil and gas operator Naftogaz, Oleksiy Chernyshov, said on April 30.

30 April 2024, 07:55 PM

Russian missile strike hits Naftogaz Group facilities in western Ukraine

Naftogaz Group facilities in western Ukraine were damaged in a Russian missile attack, chairman of Ukraine’s state oil and gas company, Oleksiy Chernyshov, reported on Facebook on March 24.

24 March 2024, 03:09 PM

Naftogaz acknowledges unprecedented achievements in Ukraine this winter amidst war

Ukraine went through the winter heating season entirely on domestically produced gas, Oleksiy Chernyshov, CEO of Naftogaz of Ukraine, stated on Facebook on March 1.

1 March 2024, 01:40 PM

Naftogaz

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