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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 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

Russia specified the volume of ‘humanitarian’ gas delivered to Donbas terrorists Gazprom could have supplied more than 300 million cubic meters of ‘humanitarian’ gas to the Donbas since Feb. 19, 2015, bypassing the main Ukrainian gas transportation system. The cost of such a delivery could be around $100 million. 47 685 274 Previously in trend: Gas War Russian aggression against Ukraine

Zelenskyi team calls on Naftogaz, Cabinet to conduct consultations with IMF to reduce gas prices for Ukraine Zelenskyi team calls on Naftogaz, Cabinet to conduct consultations with IMF to reduce gas prices for Ukraine The team of the winner of the presidential elections in Ukraine, Volodymyr Zelenskyi, has called on Naftogaz Ukrainy and the Cabinet of Ministers to hold consultations with the International Monetary Fund (IMF) in order to reduce gas prices for the population from May 1. 12 444 268 Previously in trend: Rates for housing services and utilities

Despite severe frost, Ukraine’s storage facilities have sufficient gas for rest of heating season, - Naftohaz Despite severe frost, Ukraine’s storage facilities have sufficient gas for rest of heating season, - Naftohaz Naftohaz-Ukrainy NJSC says that in spite of severe weather conditions, there is enough gas in the underground storage facilities for the current heating season. 56 320 259 Society

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

нафтогаз Ukraine marks 500 days without Russian gas, - Naftohaz The decision to stop the purchase of gas from Russia was made in November 2015. 18 594 235 Economics

Naftohaz Confirms Norwegian Gas Supply Contract Signing: This Is a Major Breakthrough Naftohaz Ukrainy confirms the conclusion of a contract for the supply of natural gas by the Norwegian oil and gas producer Statoil and the beginning of its supplies through Slovakia from October 1 52 652 232 Previously in trend: Gas War

Naftohaz says Gazprom is in breach of contract by supplying gas to "DPR" and "LPR" and it will not pay for it National Joint Stock Company Naftohaz Ukrainy is not planning to pay the bills of the Russian gas monopoly Gazprom for supply of gas through the gas metering stations (GMS) that border the area of the anti-terrorist operation. 43 909 226 Economics

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

“We shall seize Gazprom “We shall seize Gazprom's assets if it fails to abide by Stockholm arbitration rulings,” – NSDC Secretary Turchynov Naftohaz Ukrainy CEO Andrii Koboliev believes Russia is not going to comply with the ruling of the Stockholm arbitration court and is set to engineer an energy crisis in Ukraine by reducing the pressure in Ukraine’s gas transit system. 47 214 224 Ukrainian Politics

Gazprom’s Dutch assets attached to secure $2.6B settlement, - Naftohaz Gazprom’s Dutch assets attached to secure $2.6B settlement, - Naftohaz Last week, Naftohaz, Ukraine’s national oil and gas company, filed a petition for an attachment of Gazprom’s shares in its Dutch subsidiaries and any debts owed from these subsidiaries to Gazprom. These petitions were made to secure Naftohaz's right to payment of $2.6 billion by Gazprom pursuant to the arbitration award issued in February 2018. 43 461 224 Previously in trend: Gas War

Gazprom says Naftohaz to receive no gas from March 1, returns prepayment Gazprom says Naftohaz to receive no gas from March 1, returns prepayment Russian Gazprom received advanced payment from Naftohaz Ukrainy for gas supplies in March but transferred the money back. 38 415 224 Previously in trend: Gas War

газ газа транзит газопровод труба газовая Ukraine has not imported Russian gas in 703 days, - Ukrtranshaz Naftohaz Ukrainy has not imported natural gas under Gazprom contract for 703 days and has been buying the resources from the countries across the western border of the state. 22 098 222 Previously in trend: Gas War

Germany urges Gazprom, Naftohaz to settle their dispute, - Reuters Germany urges Gazprom, Naftohaz to settle their dispute, - Reuters German government is concerned about decision of Russia’s Gazprom to cancel its gas supply contract with Ukraine’s Naftohaz and calls on the companies to settle their dispute. 40 321 222 Previously in trend: Gas War

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

яценюк Ukraine demands that Russia return $16 billion for overpaid and short-received gas, - Yatseniuk Prime Minister of Ukraine Arsenii Yatseniuk said that Russia's claims filed to the Arbitration Institute of the Stockholm Chamber of Commerce to recover $27 billion from Naftohaz Ukrainy are groundless. 64 906 213 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

Naftogaz transferred $15 million to Gazprom. The prepayment will cover five days of gas deliveries Naftogaz of Ukraine allocated prepayment in the amount of $15 million to the Russian Gazprom’s account for natural gas supplies in March. 15 279 204 Previously in trend: Gas War

Tax service fines Naftohaz’s Koboliev jaw-dropping 8.3B hryvnia over refusal to pay for Russian gas illegally supplied to occupied Donbas. DOCUMENT (in Ukrainian) Tax service fines Naftohaz’s Koboliev jaw-dropping 8.3B hryvnia over refusal to pay for Russian gas illegally supplied to occupied Donbas. DOCUMENT (in Ukrainian) Ukraine’s State Fiscal Service served Naftohaz Ukrainy CEO Andrii Koboliev notices on two personal fines amounting to 7 billion and 1.3 billion hryvnia over Naftohaz's reluctance to document and pay for the natural gas Russia’s Gazprom supplied to the areas of the Donetsk and Luhansk regions which are temporarily occupied by the Russian Federation. 52 731 203 Previously in trend: Gas War

Ukraine is Ready to Conclude Package Agreement on Gas with Gazprom – Ukrainian Minister of Energy Kyiv is ready to conclude a package agreement on gas with the Russian Gazprom and continue to work only within the framework of this agreement. 64 556 203 Previously in trend: Gas War

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

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

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

Gazprom sends Naftogaz formal proposal on gas transit Gazprom sends Naftogaz formal proposal on gas transit Gazprom on Monday sent Naftogaz Ukrainy an official proposal endorsed by head Alexei Miller on the extension of the existing contract or conclusion of a new agreement on gas transit via the Ukrainian territory for a period of one year in light of forecast demand for gas by European consumers in 2020. 22 868 183 Previously in trend: Gas War

коболев Ukraine needs European company for GTS to keep transit, - Koboliev In order to preserve its status of transit country, Ukraine should hire a European company to manage its gas transportation system. 39 106 183 Previously in trend: Gas War

нафтогаз Naftohaz deems Gazprom's reluctance to supply gas to be contract breach, neglecting arbitration tribunal's award Naftohaz Ukrainy National joint-stock company considers the refusal of Russia's Gazprom to supply natural gas under the advance payment made by Ukraine as violation of the contract and neglecting the award of the Arbitration Institute of the Stockholm Chamber of Commerce. 39 091 182 Incidents

перелома Person of interest in 'Martynenko case,' Pereloma bailed out by Ukrainian MPs First Deputy Chairman of Naftohaz executive board Serhii Pereloma, person of interest in the 'Martynenko case', was bailed out by Ukrainian MPs. 24 240 182 Previously in trend: Martynenko case trial

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

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

газ газа транзит газопровод труба газовая Ukraine’s budget received 24.9 billion hryvnia revenue from gas transit, - Naftohaz The revenue the Ukrainian budget have received from gas transit through the country’s gas transportation system (GTS) over 9 months of the current year amounts to 24.9 billion hryvnia (about $922.222 million). 18 585 173 Ukrainian Politics

Ukraine Decided to Export its Natural Gas Ukraine Decided to Export its Natural Gas The Ministry of Energy and Coal Industry of Ukraine drafted an export order for marketable natural gas and published on the official website, Censor.NET reports. 7 392 172 Economics

Ukraine Government ready to extend contract with Naftohaz CEO Koboliev Ukraine Government ready to extend contract with Naftohaz CEO Koboliev The contract will be terminated if the Naftohaz senior management fails to meet the conditions put forward by the Government 5 905 171 Ukrainian Politics

Gazprom-Naftohaz situation raises concerns not only for direct supply of natural gas to Ukraine but possibly also for transit of gas to EU, - European Commission Gazprom-Naftohaz situation raises concerns not only for direct supply of natural gas to Ukraine but possibly also for transit of gas to EU, - European Commission The European Commission calls on Ukraine and Russia to find immediate solutions in line with the decisions of the Stockholm Arbitration Tribunal. 25 031 166 Previously in trend: Gas War

US dead set against Nord Stream-II gas pipeline construction Naftohaz CEO Andrii Koboliev met with U.S. Secretary of Energy Rick Perry to discuss construction of Nord Stream-II gas pipeline. 29 218 164 Incidents

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

Ukraine will require long-term gas transit contract with Russia - Honcharuk Ukraine will require long-term gas transit contract with Russia - Honcharuk Negotiations on preserving gas transit are ongoing, but there is no clear date for signing the contract with Russia, Ukrainian Prime Minister Oleksii Honcharuk has said. 7 492 155 Previously in trend: Gas War

No talks or deals on gas purchase between Ukraine, Russia, - Naftogaz-Ukraine CEO No talks or deals on gas purchase between Ukraine, Russia, - Naftogaz-Ukraine CEO Kyiv and Moscow currently do not negotiate or sign any agreements about the gas purchase. Naftogaz-Ukraine CEO Yuriy Vitrenko said. 3 945 152 Previously in trend: Gas War

Naftohaz says British court greenlights freeze of Gazprom Naftohaz says British court greenlights freeze of Gazprom's UK-based assets Ukrainian state owned oil and gas company Naftohaz said on Tuesday a London court has granted its request to freeze the assets of Russia's Gazprom in the U.K. to enforce an earlier arbitration ruling from Sweden. 29 691 150 Previously in trend: Gas War

In 2013 Ukraine Faces Possible $ 5.7 Billion Fine from Gazprom In 2013 Ukraine Faces Possible $ 5.7 Billion Fine from Gazprom If we assume the worst-case scenario for the Ukrainian side the fine that Gazprom may impose on Naftogaz of Ukraine could reach $ 2.7 billion in 2012 and $ 3.8 - $ 5.7 billion in 2013. 5 397 149 Previously in trend: Gas War

коболев Ukraine to buy gas in Europe, - Naftohaz head Ukraine will buy gas from Europe. 30 193 146 Economics

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

Gazprom plans to start gas supplies to Ukraine Oct. 12 Russian Gazprom gas monopoly plans to start delivering natural gas in Ukraine Oct. 12 at 10 a.m. 13 884 143 Ukrainian Politics

IMF decision on new program for Ukraine may be postponed - Finance Ministry The Finance Ministry said that the IMF may delay the decision to start the new program of cooperation with Ukraine, as the main IMF’s precondition - the adoption of several already agreed laws by the Verkhovna Rada was not fulfilled. 34 274 143 Ukrainian Politics

Shortage of Gas for Heating Season in Ukraine Is 5 Billion Cubic Meters Shortage of natural gas for the heating season in Ukraine is about 5 billion cubic meters. 16 744 142 Previously in trend: Gas War

бензин топливо фальсифмкат Terms of "winter package" agreed by Ukrainian, Russian, and European sides At the meeting on Friday, Volodymyr Demchyshyn, Minister of Energy and Coal Industry of Ukraine, Alexander Novak, the Russian Energy Minister, and Maroš Šefčovič, Vice-President of the European Commission, have discussed and agreed all substantial commitments of the governments of Russia and Ukraine, as well as the European Commission which are to be included in the Binding Protocol within the framework of the new gas supply "winter package." 12 223 138 Previously in trend: Gas War

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

Poroshenko and Merkel Held Phone Conversation Regarding Gas Talks Petro Poroshenko and Angela Merkel discussed the results of tripartite gas consultation between Ukraine, Russia, and the EU. 24 212 135 Previously in trend: Gas War

Ukraine Can Survive Cold Season without Russian Gas, Deputy Prime Minister Says Vice Prime Minister of Ukraine and at the same time Minister of Regional Development, Construction, and Communal Living Volodymyr Groisman considers as realistic the idea of surviving the heating season of 2014/15 without purchasing Russian gas. 23 154 134 Economics