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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.

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TOP news Naftogaz

газ суд нафтогаз росукрэнерго Naftohaz to stop bying gas from Russian Gazprom effective July 1 As the additional agreement between the National Oil and Gas Company Naftohaz Ukrainy and Open Joint Stock Company Gazprom expires on June 30, 2015 with no other supply terms agreed today during trilateral talks in Vienna, Naftohaz stops purchasing gas from the Russian monopolist on July 1. 160 794 987 Previously in trend: Gas War

россия газ украина сми russia gas ukraine media Ukraine signed new agreement for purchase of gas in Russia: the price will be $248 Ukraine has signed a new agreement for the purchase of gas in Russia in the second quarter of 2015. 97 722 971 Ukrainian Politics

Gazprom announced commencement of gas supply paid for by Ukraine to Donbas militants Russia’s Gazprom announced the start of supplying gas to the terrorists in the Donbas, which was purchased by Ukrainian company Naftohaz. 131 015 732 Previously in trend: Gas War Russian aggression against Ukraine

Ukraine to Reduce Purchase of Russian Gas Ukraine to Reduce Purchase of Russian Gas Ukraine plans to reduce the amount of natural gas purchased from the Russian gas monopoly to 20 billion cubic meters in 2013, Naftogaz deputy chairman Vadim Chuprun stated. 9 032 703 Previously in trend: Gas War

Naftohaz urges Ukrainians to reduce gas consumption as much as possible over next 3-4 days Naftohaz urges Ukrainians to reduce gas consumption as much as possible over next 3-4 days Naftohaz Ukrainy NJSC calls on Ukrainians to reduce gas consumption as much as possible in the next 3-4 days. 135 990 702 Previously in trend: Gas War

газ Cabinet to increase gas rates for population to market level in 2015: 20 million of Ukrainians will receive grants-in-aid Prime Minister Yatseniuk announced plans to raise gas prices for citizens to the market level not in 2017, as expected earlier, but yet in 2015. 191 228 661 Previously in trend: Budget 2013

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

газ Gas tariffs in Ukraine will increase in first quarter of 2015 The National Regulatory Commission in the energy and utilities sector will review the price of gas for consumers in terms of increase in the first quarter of 2015. 103 754 634 World

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

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 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

Ukraine to resume Russian gas imports in 2018, - Naftohaz CEO Koboliev Ukraine to resume Russian gas imports in 2018, - Naftohaz CEO Koboliev Naftohaz intends to purchase about 4-5 billion cubic meters of Russian gas this year and will continue importing gas from Europe. 38 202 565 Economics

нафтогаз Naftogaz Sues Gazprom Demanding a Fair Price for Gas National Joint Stock Company Naftogaz Ukrainy has filed a suit in the Arbitration Institute of the Stockholm Chamber of Commerce. 44 102 558 Previously in trend: Gas War

яресько The only way out of major economic problems is through fundamental reforms, Jaresko says Head of the Ukrainian Ministry of Finance Natalie Jaresko told about factors that caused the economic crisis in Ukraine. 70 934 556 World

газ газпром нафтогаз Gazprom may plot provocations over expected gas shortage caused by severe cold spell in Russia, - Naftohaz Naftohaz of Ukraine says there is high probability of provocations on the part of Gazprom in connection with severe frosts in Russia. 160 899 555 Incidents

газ украина газпром цены Gazprom Threatens Ukraine with a New Suit for $18 Billion for Gas Underdrawal Gazprom may file another lawsuit against Naftogaz Ukrainy in the Stockholm arbitration for the amount of $18 billion. 42 786 541 Previously in trend: Gas War

газ газпром нафтогаз фирташ Yatseniuk: Total amount of Ukraine's claims against Gazprom exceeds $16 billion The total amount of claims of Naftohaz to Gazprom under the contracts on gas purchase and transit has already exceeded $16 billion. 47 579 526 Previously in trend: Gas War

Gazprom CEO Miller says Russian gas giant starts terminating contracts with Naftohaz Gazprom CEO Miller says Russian gas giant starts terminating contracts with Naftohaz Gazprom has to immediately start the procedure for the termination of gas contracts with Naftohaz Ukrainy at the Stockholm Arbitration Institution. 96 494 495 Previously in trend: Gas War

Gazprom asked Ukraine to buy Russian gas for the first time in its independence, - Poroshenko For the first time in 24 years of its sovereignty, Ukraine has finally managed to get rid of the dependence on Russian gas. 86 033 477 Economics

Ukraine's Gas Debt Will Be Paid at $268 Per Cubic Meter Regardless of Gazprom’s Position, Yatseniuk Says The gas that has been supplied to Ukraine will be paid at $268 for one thousand cubic meters, regardless of the position of JSC Gazprom. 42 458 475 Previously in trend: Gas War

газ Ukraine could do without Russian gas in 2106, - Naftohaz CEO Koboliev In 2016, Ukraine will be able to do without Russian gas. If necessary, the required volume could be reversed from Europe. 65 528 474 Previously in trend: Gas War

Russia Russia's Gazprom to pay Ukraine's Naftohaz $2.56B under Stockholm court ruling Naftohaz Ukrainy NJSC Wednesday won dispute with Russia's gas monopoly Gazprom at the Stockholm arbitration court. 91 911 466 Economics

газ суд нафтогаз росукрэнерго Gazprom claims that Naftogaz owes $174.2 million for supply of gas to the terrorists-occupied territory Russian gas monopoly Gazprom declares that National Joint Stock Company Naftogaz of Ukraine has run into debt for $174.2 million as of April 21 for gas supplies to the territories of the Donetsk and Luhansk regions uncontrolled by Ukraine’s government, and considers it necessary to conclude a separate direct contract for the supply of gas in this region. 66 305 465 Previously in trend: Gas War Occupied territories - Crimea and Donbas

Ukraine Will See No Reverse if It Doesn't Agree with Gazprom on Gas Supply - Merkel European Union will stop reverse gas supplies to Ukraine if Kyiv doesn't reach deal with Moscow on renewal of gas supply from the Russia's Gazprom. 76 936 458 Previously in trend: Gas War

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

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 российский Russia ready to offer gas discount to Ukraine in Q4, - Russian Energy Minister Russia will be ready to provide Ukraine with a discount on gas bought for Q4, the price will be leveled with quotes for Ukraine's neighboring countries, like Poland. 67 824 438 Economics

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

Russia expects Ukraine to halt reverse flow of gas Russia's Ministry of Energy expects Ukraine will not buy reversed gas in the coming fall-winter period. 41 528 425 Previously in trend: Gas War

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

Gazprom is not in a position to dictate its terms this year - Naftohaz head According to the head of Naftohaz of Ukraine Andrii Kobolev, Gazprom’s share in the gas import to Ukraine will be a maximum of 40 per cent this year. He commented on the recent statements of the Russian Minister of Energy Alexander Novak that Russia may soften the conditions for the supply of gas to Ukraine. 52 421 412 Ukrainian Politics

газ газпром Gazprom has not been complying with gas contract for four days - Naftohaz The Russian company has not been complying with the terms of the contract and the legally binding tripartite agreement signed in Brussels on Oct. 30, 2014. In violation of the provisions of the contract, Gazprom has been fulfilling Naftohaz orders for the supply of paid gas volumes by only 40% starting Feb. 22. 61 970 409 Economics

нафтогаз Naftohaz celebrates victory over Gazprom in Stockholm An arbitration tribunal in Stockholm dismissed a $34.5 billion claim from Russian state gas giant Gazprom over the terms of a disputed gas contract. 113 113 392 Previously in trend: Naftohaz against Gazprom

коболев Koboliev: "Ukraine capable of providing itself with gas this, following, and any other winter" Ukraine will be able to provide itself with necessary volume of natural gas this winter from Europe, should Russia decide to cut off the supply of fuel. 66 452 384 Ukrainian Politics

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

Buying Gas from Germany Naftogaz Ukrainy Can Save up to 1.7 Billion Dollars Buying Gas from Germany Naftogaz Ukrainy Can Save up to 1.7 Billion Dollars Naftogaz Ukrainy is planning to increase the volume of German gas transported though Ploand to 12 bliion cubic meters per year which will allow the cmpany to save up to $ 1.7 billion. 6 026 381 Previously in trend: Gas War

Gazprom to cut off gas supplies to Ukraine in two days if no payment received, - Miller Despite small amounts of gas currently received by Ukraine, the prepayment will cover several days of deliveries only. 49 222 367 Economics

газ Ukraine will not pump more gas into storage this year, - Naftohaz head Koboliev Ukraine does not intend to pump gas into its underground gas storage in 2015. 65 093 351 Previously in trend: Gas War

Prepayment for Gas for Ukraine Hit Russian Stock Market After transferring Ukraine to a prepaid mode for Russian gas, the Moscow MICEX Stock Exchange fell by 2.11%. It currently constitutes 1469.44 points. 89 230 351 Economics

Russia is Offering $100 Discount on Gas. We Know these Traps and Demand Changes to the Contract, Says Yatsenyuk The Russian Federation offered Ukraine a $100 discount on natural gas, but the Ukrainian side does not accept the proposal, demanding to amend the gas contract. 37 037 330 Previously in trend: Gas War

газ EU Wants Ukraine and Russia to Sign Interim Gas Agreement The European Commission (EC) will propose that Russia and Ukraine sign an interim gas agreement in Berlin as a step towards resolving their long-standing row over gas prices, Energy Commissioner Guenther Oettinger said on Tuesday. 27 469 324 Previously in trend: Gas War

Naftohaz to Pay Gazprom $1.45 Billion Gas Debt Until the End of October - Oettinger EU, Russia, and Ukraine during the negotiations in Brussels on Oct. 21 agreed that Naftohaz of Ukraine will pay off 1.45 billion dollars it owes to Gazprom until the end of October, as well as 1.65 billion dollars of prepayment by the end of this year. 18 832 310 Previously in trend: Gas War

газпром Gazprom stops gas supplies to Ukraine Russia's Gazprom suspends gas supplies to Naftohaz Ukrainy unless new payments are received. 154 690 310 Economics

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

Naftohaz pays another $24 mln while Gazprom fears sum is enough for only five days Naftohaz Ukrainy has remitted another $24 mln of advance payment for gas supplies to Russia's Gazprom. 47 646 303 Economics

Ukrainian prepayment for gas covers three or four days of delivery. Without payment, supply will be suspended - Putin The money that Ukraine has transferred for gas covers three or four more days of delivery. Russia expects further payments from the Ukrainian party. 52 864 294 Previously in trend: Gas War

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

Naftogaz will raise price of gas for public by 45%, to UAH 4.7/cubic meter in Sept Naftogaz will raise price of gas for public by 45%, to UAH 4.7/cubic meter in Sept Naftogaz Ukrainy gas supply company LLC will increase the price of natural gas within the Monthly package sold in September by 45.1% (by UAH 1.46/cubic meter) compared to August, to UAH 4.7 per cubic meter (including VAT, excluding delivery). 39 376 289 Previously in trend: Rates for housing services and utilities