11942 visitors online
Naftogaz of Ukraine is increasingly facing challenges as the conflict with Russia continues. Recently, Russian troops attacked gas workers in the Sumy region and targeted Naftogaz facilities, causing significant damage. Additionally, political and legal incidents are under scrutiny, such as the hiring of staff during Oleksii Chernyshov's leadership and the ongoing NABU investigations. In a move to regain control of financial assets, Naftogaz, in collaboration with NABU, aims to recover UAH 1.6 billion. President Zelenskyy has discussed strategies with Naftogaz CEO Serhii Koretskyi to hold Gazprom accountable. Despite these adversities, Naftogaz is preparing measures to ensure stability in the energy sector.

What challenges is Naftogaz currently facing in Ukraine?

Naftogaz is confronting numerous challenges, including repeated attacks on its facilities by Russian forces, which have caused significant damage. Moreover, the company's operations are under scrutiny due to allegations regarding the hiring of security and domestic staff and the ongoing legal battle to recover financial assets from Gazprom. High-level discussions and strategic planning are underway to navigate these complex issues, ensuring a stable energy sector in Ukraine.

How has the conflict with Russia affected Naftogaz operations?

The ongoing conflict has severely impacted Naftogaz operations, with facilities suffering repeated attacks from Russian forces. These assaults have disrupted gas production and infrastructure stability, forming part of the broader economic strain from geopolitical tensions. Naftogaz is actively working to mitigate these impacts and recover operational control and financial assets amidst these hostilities.

What measures is Naftogaz taking to recover financial assets?

Naftogaz is engaged in legal processes to recover significant financial assets, particularly seeking to retrieve UAH 1.6 billion, in coordination with the National Anti-Corruption Bureau of Ukraine. The company is also engaged in international arbitration to address losses and enforce rulings against Gazprom, aiming for financial stabilization and accountability amidst ongoing disputes with Russian entities.

How does Naftogaz plan to handle its legal issues with Gazprom?

Naftogaz is pursuing legal avenues to resolve disputes with Gazprom, focusing on enforcing arbitration decisions to reclaim financial damages and uphold operational contracts. The company remains committed to ensuring Gazprom's compliance with international norms and is preparing concrete measures to hold the Russian company accountable. Strategic talks with Ukrainian leadership are ongoing to align national interests with legal proceedings.

How significant is the damage to Naftogaz facilities due to attacks?

The attacks on Naftogaz facilities have been significant, targeting vital infrastructure across various regions, including the recent strikes in the Sumy and Poltava regions. These assaults not only disrupt daily operations but also have a broader impact on Ukraine's energy security. Naftogaz is working diligently to assess and repair the damage to maintain steady energy supply amidst adversity.

show details

News Naftogaz

нафтогаз Naftohaz signs $500M worth loan agreement with Citibank, Deutsche Bank On Dec. 30, 2016, Naftohaz of Ukraine NJSC signed a euro-denominated revolving credit facility for gas purchase in the equivalent of $500 million with Citibank and Deutsche Bank. 16 729 99 Economics

Odesa Port Plant announces temporary halt to work Odessa Port Plant JSC has decided to suspend its production. 11 920 55 Economics

луценко Lutsenko confirms Yuriev’s suicide: "We heard gunshot as we were breaking into house" Prosecutor General of Ukraine Yurii Lutsenko confirmed that Naftohaz Ukrainy's ex-Deputy Head Hennadii Yuriev committed suicide in the Vinnytsia region during the raid conducted as part of the investigation into Chornomornaftohaz. 90 094 102 Incidents

Former Naftohaz official's suicide linked to Boiko rigs affair, - PGO spokesman Prosecutor General spokesperson Larysa Sarhan has unveiled some details of the suicide of the former Naftohaz executive. 27 258 63 Previously in trend: Boyko Platforms

ружье Man shoots himself dead during apprehension; he might be former Naftohaz Ukrainy deputy head Yuriev A man who might be identified as former deputy head of Naftohaz Ukrainy during Yanukovych's tenure, defendant in the Katsuba brothers case Hennadii Yuriev shot himself dead during apprehension on Dec. 21. 144 857 247 Incidents

Gazprom's threats to cut off gas to EU indicate Russia plots another gas crisis, - Naftohaz Naftohaz Ukrainy PJSC sees a statement by Russia's state-owned gas producer Gazprom on possible halt in gas supplies to European consumers as a preparation for another gas crisis. 83 431 135 Ukrainian Politics

порошенко "I expect Ukraine to win in Stockholm arbitration in March," - Poroshenko on dispute between Naftohaz and Gazprom The chances of winning the suit are high. 27 313 188 Ukrainian Politics

Ukraine guarantees transit of Russian gas to Europe regardless of winter package, - Naftohaz National joint-stock company "Naftohaz Ukrainy" pledges to continue the smooth and sustainable transit of Russian natural gas to Europe. 6 918 39 Ukrainian Politics

газ газодобыча Russia spent $5B trying to block gas reversal to Ukraine, - Naftohaz official Russian Gazprom attempted blocking import of European gas to Ukraine and spent $5 billion on facilitating these attempts, Russian media report. 97 793 216 Previously in trend: Gas War

розенко "Rich will pay full, market gas price," – Vice Prime Minister Rozenko The state will not supply enterprises owned by the oligarchs with gas at a reduced price. 50 954 208 Economics

World Bank approves $500 million loan to Naftohaz, - Minister Danyliuk The World Bank's Board of Directors has decided to grant Ukraine's major gas operator Naftohaz $500 million in loan guarantees necessary for the purchase of natural gas for the 2016-2017 heating season. 9 586 81 Ukrainian Politics

газ Naftohaz publishes statistics of reduction in Russian gas imports during Ukraine's independence Major state-owned company Naftohaz Ukrainy (Oil and Gas of Ukraine) congratulated the Ukrainians on Independence Day by publishing the statistics of reduction in Russian gas purchase during the last 25 years. 162 052 609 Ukrainian Politics

пасишник Pasishnyk released on personal recognizance The court released Ukrtransnafta's First Deputy Director General Andrii Pasishnyk on personal recognizance. 12 289 83 Previously in trend: Abromavicius-Kononenko scandal

Ukraine hopes for renewal of gas talks with Russia, - Naftohaz's Koboliev Ukraine hopes for renewal of trilateral talks of Ukraine, Russia and the European Commission on possible supplies of natural gas for Ukraine from the Russian Federation. 34 951 194 Ukrainian Politics

коболев Gas tariffs can only be reduced after global gas price drop, Naftohaz Head Koboliev says The gas tariffs in Ukraine can only be lowered if the gas price on the free market scales down. 31 885 304 Previously in trend: Rates for housing services and utilities

Additional 160 billion hryvnia required to keep utility rates at present level, Social Policy Minister says An additional 160 billion hryvnia (about $6.4 billion) would be required from the state budget to keep the rates of utility services at the current level. 11 263 119 Previously in trend: Hroisman's Cabinet

дейдей грищук MP Deidei confronts ATO veteran, Donetsk airport defender, Special Anti-Corruption Prosecutor’s Office First Deputy Head Maksym Hryshchuk. VIDEO People’s Front faction MP Yevhen Deidei and his supporters got in a heated argument with Deputy Heads of the Specialized Anti-Corruption Prosecutor's Office Maksym Hryshchuk and Volodymyr Kryvenko after the court hearing on the pre-trial restriction against Naftohaz NJSC Deputy CEO, Chairman of the Supervisory Board of the Odesa Port Plant Serii Pereloma. 170 944 424 Previously in trend: Fighting corruption in Ukraine

перелома Naftohaz deputy CEO Pereloma placed on remand, 80 million hryvnia bail being alternative The Solomianskyi district court of Kyiv has arrested Odesa Port Plant supervisory board chairman Serhii Pereloma, suspected of embezzling the company's funds. 22 576 145 Ukrainian Politics

Naftohaz confirms its First Deputy Chairman Pereloma’s detention: case not connected to his work in company Naftohaz Ukrainy NJSC has confirmed information about today’s detention of Deputy Chairman of the Board Serhii Pereloma. 7 886 8 Incidents

гройсман "This is betrayal of national interests," - Hroisman on 2009 gas contract with Russia Back in 2009, Yuliia Tymoshenko signed gas contracts in which Ukraine's interests were not top priority. 115 718 618 Economics

газ Ukraine not to buy gas from Gazprom for $177 per 1,000 cubic meters, - Naftohaz The national gas operator Naftohaz Ukrainy is not going to buy gas from Russia's Gazprom at the price of $177 per 1,000 cubic meters as it is higher than that in the market. 112 697 456 Ukrainian Politics

газ гтс Ukraine requests Gazprom to resume gas supplies from Russia instead of reverse ones from Europe, - Gazprom Naftohaz of Ukraine filed a request to Gazprom to resume gas supplies from Russia to Ukraine starting from the second half of 2016. 103 744 288 Ukrainian Politics

Ukraine to purchase gas from Russia if price is lower than that offered by European countries, Naftohaz head says Chairman of the board of Naftohaz NJSC Andrii Koboliev says that the company continues holding talks with Russian Gazprom on the terms of the natural gas supplies to Ukraine and is willing to resume its purchase in Q3 at a price lower than Europe’s one. 39 095 226 Oddities

Ukraine has bought no gas from Russia for more than five months, - Deputy Economy Minister Kovaliv Ukraine has not purchased natural gas from Russia's gas monopolist Gazprom for more than five months now as it is more profitable for the country to import the fuel from Europe. 17 321 114 Economics

газпром gazprom Gazprom increases amount of claim to Naftohaz for gas supplies in temporarily occupied territory of Donbas by $700 million The litigation between Russian Gazprom and Naftohaz of Ukraine in the Arbitration Institute of the Stockholm Chamber of Commerce regarding the contract terms will not be completed this June but will last for about six months more. 32 966 189 Economics

First Deputy Economy Minister Kovaliv to chair Naftohaz Supervisory Board First Deputy Minister of Economic Development and Trade of Ukraine Yuliia Kovaliv has been elected head of the Naftohaz Ukrainy Supervisory Board. 5 535 49 Ukrainian Politics

Ukraine's lower dependence on Russian gas is crucial change for Ukraine and Europe's security, - Wall Street Journal The cut of Ukraine's Naftohaz company’s dependence on gas from Russia’s PAO Gazprom is a change crucial for Ukraine’s security, as well for Europe’s. 4 421 37 Economics

газ газпром нафтогаз фирташ Ukraine may get $50 billion from Gazprom by arbitration's ruling, - Naftohaz Ukraine may get $50 billion from Russia's Gazprom after the lawsuit of Naftohaz is granted by court. 79 153 294 Ukrainian Politics

коболев koboliev Naftohaz files claims against Russia regarding its assets in occupied Crimea, - company's CEO Koboliev Naftohaz Head Andrii Koboliev expects this trial to take more time and be much more difficult than the litigation against Gazprom in the Stockholm Court of Arbitration. 14 626 42 Ukrainian Politics

ващук роман If Ukraine was making blockbuster about superheroes, they would be judges and prosecutors: be kind of buried and resurrect, - Canadian Ambassador on fight with corruption Canadian Ambassador in Ukraine Roman Waschuk announced decrease of corruption level in the NJSC Naftohaz Ukrainy. However, general positive changes in the corruption sphere are practically invisible. 18 745 54 Previously in trend: Fighting corruption in Ukraine

It should cost around $160-170, - Minister Demchyshyn voiced fair price for Russian gas Ukraine is ready to buy gas from Russia at $160-170 per 1,000 cubic meters. 21 220 179 Previously in trend: Gas War

газпром Gazprom so far ignores Ukraine's new transit tariffs, - Naftohaz Russian monopolist Gazprom has so far refused to pay for gas transit through the territory of Ukraine at the new, increased rates. 83 279 445 Economics

газ Naftohaz has no plans to buy gas from Gazprom, - company's CEO Koboliev The largest Ukrainian state energy holding Naftohaz Ukrainy after a three-month break has no plans to resume the purchase of natural gas from Gazprom. 16 387 96 Previously in trend: Gas War

газпром Anti-Monopoly Committee of Ukraine fines Gazprom $86 billion, gives two months for settlement The Anti-Monopoly Committee of Ukraine (AMCU) says its $86 billion claim against Gazprom is due to Russian gas monopolist's failure to observe the conditions of the 2009 contract on the transit of gas through Ukraine's territory. 35 696 134 Economics

Gazprom intends to continue gas supplies to Ukraine, despite Kyiv's halt in purchases, - Bloomberg Even after Ukraine halted natural gas purchases from Russia in November, Gazprom plans to resume and maintain exports to its eastern neighbor for at least three more years. 20 114 98 Economics

Ukraine to survive winter without Russian gas purchases for the first time in its history, - Yatseniuk Ukraine plans to end current heating season without extra purchases of Russian gas. 7 264 78 Economics

Pasishnyk suspended from office pending NABU's probe into Abromavicius allegations National oil and gas company Naftohaz Ukrainy has suspended its executive director Andrii Pasishnyk from office pending the end of investigation by the National Anti-Corruption Bureau into the accusations by Minister of Economic Development and Trade Aivaras Abromavicius about possible abuse of power by Verkhovna Rada deputy Ihor Kononenko (Poroshenko Bloc faction), in particular, in lobbying the appointment of Pasishnyk as deputy minister of economic development and trade. 7 434 36 Previously in trend: Abromavicius-Kononenko scandal

пасишник "All these proofs are worthless," Pasishnyk on correspondence with Abromavicius Naftohaz Ukrainy Executive Director Andrii Pasishnyk has commented on the released correspondence with Minister of Economic Development and Trade Aivaras Abromavicius. According to him, this dialogue did not relate to his appointment and was nothing more than a friendly chat. 54 915 112 Previously in trend: Abromavicius-Kononenko scandal

Ukraine increased gas imports from European Union twice in 2015 – Naftogaz The gas imports from the European market to Ukraine more than doubled from 5 to 10.3 billion cubic meters in 2015. The number of international vendors of natural gas exceeded 10 companies. 7 230 114 Economics

газ газпром евросоюз Ukraine buys all gas from Europe, says no sense to change tactics, - Naftohaz CEO Koboliev Europe's lower prices for natural gas and its sufficient stocks in Ukrainian gas storage facilities allow Ukraine to do without Russian gas in the near future. 14 313 98 Economics

нафтогаз Arbitration court to determine eligibility of Gazprom claims, - Naftohaz Naftohaz of Ukraine considers the "take or pay" provision to be not market based, invalid and inapplicable as set out in the gas supply contract with the Russian Gazprom. 24 689 88 Economics

газпром Gazprom demands $2.5 billion from Naftohaz for unused gas On Tuesday, Russia's Gazprom issued a bill to Naftohaz Ukrainy, demanding to pay for the gas unused by the Ukrainian company in Q3 2015 under the take-or-pay condition. 127 722 624 Previously in trend: Gas War

газ Russian PM Medvedev approves discounted gas price for Ukraine in Q1 of $179 per TCM Russian Prime Minister Dmitry Medvedev has signed the decree regulating gas price for deliveries to Ukraine in the first quarter of 2016. 97 311 428 Previously in trend: Gas War

нафтогаз naftohaz naftogaz Naftohaz offers Gazprom to hold talks in connection with adoption of new pricing rules for gas transit Naftohaz of Ukraine National Joint Stock Company proposed the Russian Gazprom to carry out negotiations in connection with the adoption of new pricing rules on gas transportation services in Ukraine by the National Commission for State Regulation of Energy and Public Utilities. 31 315 160 Ukrainian Politics

нафтогаз Ukraine steeply raised gas transit tariff for Gazprom Ukraine has enhanced the rate of gas transit for Russian gas monopolist Gazprom. 139 997 648 Economics

Putin stands against cessation of Russian gas transit through Ukraine after 2019 Russian President Vladimir Putin does not consider it appropriate to discontinue transit of Russian gas through Ukraine after 2019, when the contract for gas transit between Russian Gazprom and Ukrainian Naftohaz NJSC expires. 23 210 123 Economics

яценюк Ukraine to be able to export its own gas in decade, - Yatseniuk One of the key achievements of the current Cabinet is the energy reform. 21 403 176 Economics

Ukraine has to half gas consumption, - Naftohaz CEO Koboliev The volume of gas consumption in Ukraine is three to four times as high as in Poland and Hungary. 32 999 382 Economics