Business news from Ukraine

Business news from Ukraine

Ivano-Frankivskgaz, Khmelnitskgaz and Mykolaivgaz have been taken over by Naftohaz Group

15 August , 2023  

“Ivano-Frankivskgaz, Khmelnitskgaz and Mykolaivgaz have come under the management of Naftogaz Group, the website of the management company Gazseti said Tuesday.

“The integration of the companies is the first step in solving the key goal of ensuring in three more regions the sustainable and efficient functioning of every meter of the gas distribution system. This is a task that is already being solved in a number of frontline and rear regions of Ukraine,” the company said.

The press-service reminded that earlier under the aegis of the state Kropivnitsky, Dniprovsky, Kharkiv and Krivoy Rog branches have already started working, which provide uninterrupted gas distribution services to the population, industry and budgetary institutions.

In parallel, transformation processes continue in Kyivoblhaz, Zhytomyrhaz, Lvivhaz, Sumyhaz, Dnipropetrovskhaz and Vinnytsiahaz.

As reported, at the end of May 2022, at the request of the State Bureau of Investigation (SBI), the court transferred the seized private corporate rights to 26 regional and city operators of gas distribution systems to ARMA management.

“On September 2, 2022, Naftogaz of Ukraine registered Gas Distribution Networks of Ukraine LLC (“Gazseti”), the main activity of which is specified as gas distribution through local (local) pipelines.

The Cabinet of Ministers of Ukraine, by Resolution No. 1335 dated November 25 of the same year, transferred state-owned gas distribution networks to Gazseti for operation.

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