Naftogaz Group mentioned Wednesday it’s going to proceed delivering pure gasoline to households in Ukraine on the present regulated fee below its mounted tariff plan.
The worth will stay at UAH 7.96 ($0.19) per cubic meter till April 2026 to replicate the present moratorium on elevating pure gasoline tariffs, the state-owned oil and gasoline firm mentioned in a web-based assertion.
Nonetheless, the corporate added, “Naftogaz additionally encourages shoppers to pay their payments on time”. Appearing chief government Roman Chumak added, “These funds assist keep the nation’s power stability within the face of ongoing assaults on crucial infrastructure”.
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“Supplying gasoline to households stays a core precedence. We proceed to make sure steady supply and meet our obligations to shoppers, even in probably the most crucial situations”, mentioned Chumak.
Naftogaz mentioned it stays a dependable gasoline provider for 12.5 million households. In accordance with the corporate it led Ukraine by final winter with out gasoline blackouts.
“Dangers peaked in February, when large-scale Russian missile assaults on gasoline manufacturing services led to the sudden lack of almost half of the state’s output. These occasions created an ideal storm that would have prompted a nationwide gasoline blackout at any second”, in line with an organization report Monday that mentioned 34 of Naftogaz’s gasoline manufacturing websites had been attacked in 2024-25. Rigzone tried to confirm the size of the reported assaults by way of remark requests to the Russian authorities, despatched by way of official on-line portals, however has not acquired a reply.
The report mentioned for subsequent winter Naftogaz has contracted 400 million cubic meters of gasoline. “Because the starting of the yr, 1.5 billion cubic meters of gasoline have been contracted: 800 million cubic meters have been urgently imported early within the yr, 400 million cubic meters will probably be delivered to Ukraine as a part of the winter readiness plan”, Chumak mentioned. “As well as, Naftogaz bought 300 million cubic meters of LNG from ORLEN”.
Naftogaz had signed an LNG cooperation take care of Poland’s majority state-owned ORLEN SA to assist Ukraine diversify its power provide. “The settlement is a framework association aimed toward strengthening cooperation to boost Ukraine’s power safety by the diversification of gasoline provide sources and routes to the nation”, ORLEN mentioned in a press launch March 7.
Chumak added an additional 1 billion cubic meters would “quickly” be imported into Ukraine utilizing EUR 430 million ($489.62 million) from Norway and the European Financial institution for Reconstruction and Improvement (EBRD).
Chumak additionally mentioned, “The corporate can be in talks with the Authorities and worldwide monetary establishments to boost a further EUR 1 billion to purchase over 2 billion cubic meters of gasoline”.
Moreover Naftogaz is working to allow this yr a further 177 megawatts of capability for backup energy, sufficient to produce greater than 500,000 Ukrainians, in line with Chumak.
Naftogaz has mentioned regardless of assaults it continues to be a key contributor to Ukraine’s price range. It paid UAH 88.6 billion in taxes in 2024. Moreover it remitted UAH 15.7 billion in dividends to the state for final yr, as reported by the corporate January 10, 2025.
Naftogaz’s newest earnings report confirmed it had UAH 24.4 billion in internet consolidated revenue for the primary half of 2024, up almost 4 instances in comparison with the identical interval 2023.
Naftogaz’s consolidated working revenue for January-June 2024 was UAH 28.9 billion, greater than double the UAH 14 billion generated for a similar interval 2023.
“Naftogaz Group’s vital enhancements in monetary outcomes have been pushed primarily by elevated revenues from the sale of gasoline, oil, petroleum merchandise, and pure gasoline distribution providers”, it mentioned September 26, 2024.
Naftogaz ended the interval with UAH 227.86 billion in present belongings together with UAH 86.17 billion in money and financial institution balances. Its present liabilities totaled UAH 144.83 billion together with UAH 50.15 billion in borrowings.
In 2024 Naftogaz produced 13.9 billion cubic meters (490.87 billion cubic ft) of gasoline, up from 13.2 Bcm in 2023.
To contact the writer, electronic mail jov.onsat@rigzone.com
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