Western Fuel and Energy Company (ZTEK) plans to unveil its own network of FENIX energy gas stations by the end of 2026, which is expected to consist of approximately 20 locations in the initial phase.
Oleg Chykida, CEO and co-owner of ZTEK, announced this in an exclusive interview with the news agency “Interfax-Ukraine.”
“Our initial target is up to 20 gas stations by the end of 2026. Of course, we have to take military realities into account—a shortage of contractors and personnel, as well as disruptions in the supply of materials (…) Therefore, our plan is for up to 20 stations, but the timeline also depends on external factors,” he said.
According to Chikida, less than a year ago, FENIX energy practically didn’t exist, and he, along with his business partner and ZTEK co-owner Kostyantyn Gavrilenko, worked independently on the concept, name, color scheme, and positioning of the network.
“I’m cautious about chasing quantity. We’re entering a highly competitive and long-established market, so first we need to offer a high-quality product (…), build a strong team, refine the model, and only then scale it up,” the CEO noted.
The network’s primary geographic focus will be western and central Ukraine. ZPEK does not plan to operate in Kyiv during the initial phase.
FENIX energy will be financed from several sources: its own funds, profits from the group’s operations, and bank loans.
“Our key banking partner is Ukrgasbank. Over the past three years, we’ve gone from an initial financing round of approximately $110,000 to a credit line of about $17 million. At the same time, we’re in talks with other banks regarding the FENIX energy project,” Chikida said.
As he explained, ZTEK distinguishes three main formats for gas stations. The estimated budget, depending on the facility, can range from $700,000 to $2.5 million, while certain flagship complexes will require even greater investments.
For the urban format, the company is targeting approximately $1–1.2 million. There will also be regional highway stations and complexes along major national highways.
“We don’t want to build a network that differs only in the color of the ceiling. The foundation of FENIX energy is fuel quality control from import to the pump, a uniform standard for all facilities, and comprehensive roadside service,” added the CEO.
ZTEK plans to present some of its solutions, particularly those related to self-service, separately.
The OKKO gas station chain is investing over $120 million to open 20 new 3.0-format gas stations and renovate another 60 existing ones by 2029, according to OKKO Group CEO Vasyl Danyliak.
“We are probably the company that has carried out the most renovations during the full-scale war… We not only quickly restored damaged gas stations, but also launched a program back in the fall of 2022 to upgrade and rebuild our stations; over the years, we have renovated more than 200 facilities. But we see how requirements are changing—that’s why we developed the 3.0 format,” Danilyak told reporters during a press tour on Wednesday.
The first complex of this format was built and opened in Irpin, and the second was renovated to the 3.0 format in Hatne. The next step is the construction of a flagship highway complex in Zvyagel.
According to Danylyak, investments in the construction of the gas station in Irpin amounted to approximately $3 million; highway complexes in the new format are estimated to cost $4–5 million, while the renovation of existing highway stations will cost about $2 million. By 2029, the company plans to invest over $120 million in the development of the 3.0 format, specifically to build 20 new stations and renovate about 60, thereby covering approximately 20% of the network.
The new format emphasizes technology, the digitalization of the customer journey (OKKO PAY, OKKO Drive, the Smart Kitchen system), expanded food service, energy independence, and the development of infrastructure for electric vehicles, as well as simple navigation, accessibility, and modern design. In particular, the gas stations now feature OKKO Work Spaces—rooms for phone calls and online meetings, an all-season terrace, children’s play areas, and more.
In addition to the rooftop solar power plant, solar panels have also been installed as a canopy over the charging stations. In total, a 69 kW solar power plant has been installed at the Irpin gas station, and a 48 kW plant in Hatne, with plans to expand to 100 kW. During peak generation periods, these systems can cover up to 50% of the complex’s own electricity consumption. Combined with generators and backup power, this allows the gas stations to remain operational even during power outages. By the end of 2026, solar power plants will be operating at more than 300 gas stations in the network, with a total capacity exceeding 6 MW.
According to Danylyak, the company also plans to install solar power plants near gas stations “where it is possible to lease land.” In particular, this has already been done in Kalynivka, and such a mini-solar power plant will soon be installed in Ivankiv.
OKKO has been developing its electric vehicle initiatives since 2014, when it became the first gas station chain in Ukraine to begin building a systematic charging infrastructure. Today, this includes approximately 100 Ultra Fast Chargers at 63 locations. In the new format at gas stations, the charging area is located under a separate canopy with solar panels, separated from the fueling lanes.
“Together with the European Bank for Reconstruction and Development, the company is preparing a $10 million financing program to expand its network of high-speed charging stations,” Danilyak said.
According to Vasyl Dmytriv, OKKO’s vice president of marketing and development, the company now competes not only with gas stations but also with fast-food chains, restaurants, and stores. OKKO 3.0 features a full-fledged dining area offering Ukrainian, European, and Asian cuisines, plus a section for ready-to-eat meals: soups, main courses and side dishes, salads, burgers, pizza, WOK dishes, and pasta. The key difference of the new format is the open kitchen. Thanks to the expanded kitchen infrastructure, the company can now operate multiple culinary concepts simultaneously—including preparing dishes “to order.” OKKO remains Ukraine’s No. 1 coffee chain by sales: in 2025, customers purchased nearly 34 million cups. In the new gas station format, the coffee area has been expanded; specifically, the location in Hatne offers over 150 coffee options.
electromobility, gas station, INVESTMENT, Даниляк, ОККО, СЕС
On January 19, Ukrnafta JSC signed two agreements with Alliance Holding LLC for the sublease of gas stations (AZK) for a total amount of UAH 841.9 million, Nashe Groshi reported on February 4, citing information in the Prozorro system.
“Until September 30, 2028, Ukrnafta has subleased 117 property complexes – immovable and movable property of gas stations across Ukraine,” the publication noted.
In particular, UAH 715.9 million accounts for 99 gas stations that Alliance Holding leases from their owner, Invest-Region LLC, and another UAH 126 million accounts for 18 gas stations that Alliance Holding leased from the same company.
The founder of Invest-Region is Alliance Holding.
“The sublease fee will be determined based on a calculation of 1.74 UAH including VAT for each liter of fuel sold by Ukrnafta at these gas stations. The price of the contracts is fixed for the entire term,” Nashi Hroshi reported.
As reported, in December 2025, UKRNAFTA announced the completion of the rebranding of all 118 gas stations that previously operated under the Shell brand.
Prior to that, in August 2025, Ukrnafta and Dutch Shell Overseas Investments BV (Netherlands) finally completed the agreement on the acquisition by Ukrnafta of a 51% stake in Alliance Holding, which owned a network of 118 gas stations under the Shell brand in Ukraine.
The joint venture between Shell and Mussa Bazhaev’s Russian Alliance Group to manage the network of gas stations in Ukraine began operations in August 2007. Shell owned a 51% stake in the joint venture, while Alliance owned 49%. Alliance transferred about 150 gas stations to the joint venture, while Shell contributed cash, licenses, and the brand.
In 2014, it became known that sanctioned Russian businessman Eduard Khudainatov had bought Bazhaev’s oil assets. In June 2022, he was sanctioned by the European Union, and in October 2022, by Ukraine.
In October 2023, the Ministry of Justice of Ukraine filed a lawsuit with the High Anti-Corruption Court of Ukraine to recover Khudainatov’s assets for the state. As a result of court proceedings, 49% of Alliance Holding was recovered for the state. In April 2024, this share was transferred to the State Property Fund.
In November 2024, Overseas Investments, part of Shell’s group of energy and petrochemical companies, registered 51% of the authorized capital of Alliance Holding in accordance with the decision of the Appeals Chamber of the High Anti-Corruption Court.
In January 2025, the Antimonopoly Committee of Ukraine granted Ukrnafta permission to purchase more than 50% of the shares of Alliance Holding LLC.
Thus, Alliance Holding is currently 51% owned by Ukrnafta and 49% by the State Property Fund.
JSC Ukrnafta is Ukraine’s largest oil production company and operates the largest national network of filling stations, UKRNAFTA. The company has 1,807 oil and 164 gas production wells on its balance sheet.
In 2024, the company entered into an asset management agreement with Glusco. In 2025, it completed a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 663 gas stations.
The company is implementing a comprehensive program to restore operations and upgrade the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the company’s corporate rights, which belonged to private owners, to the state, and they are now managed by the Ministry of Defense.
Ukrnafta JSC announces a commercial procurement for the provision of road transport services for light petroleum products to supply its network of filling stations.
Due to the expansion of its network and increased sales of petroleum products, the company invites qualified suppliers of oil and gas products to submit commercial proposals.
The procurement will take place on the platform https://zakupivli.pro/ in two stages; proposals submitted by other means will not be considered.
For more detailed information on participation in commercial procurement and the selection process, please contact us by email: Dmytro.Sles@Ukrnafta.com or follow this link.
Commercial proposals will be accepted until January 27, 2026, inclusive.
We are looking forward to working with reliable partners!
JSC Ukrnafta is Ukraine’s largest oil production company and the operator of the largest national network of gas stations, UKRNAFTA. In 2024, the company entered into asset management with Glusco. In 2025, it completed an agreement with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 663 gas stations.
The company is implementing a comprehensive program to restore operations and update the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the company’s corporate rights, which belonged to private owners, to the state, and they are now managed by the Ministry of Defense.
The UPG gas station chain has relaunched the first 100 gas stations that previously operated under the ANP and Avias brands, the company said in a press release on Thursday.
“The company is steadily expanding its network within the lease of 447 filling stations across the country,” UPG said.
Currently, the relaunched gas stations are already operating in 13 regions of Ukraine — in Kyiv, Kirovohrad, Lviv, Poltava, Odesa, Volyn, Rivne, Mykolaiv, Dnipropetrovsk, Zaporizhzhia, Zhytomyr, and Zakarpattia regions, as well as in Kyiv.
According to a press release, the reopening of the first 100 gas stations has allowed the company to create more than 1,000 new jobs in the regions, with an average of 8 to 11 employees working at each station. Most of the employees at these gas stations are local residents, which contributes to economic activity in the communities. The average salary of employees in the UPG network is UAH 32,100 before tax, which is one of the highest in the industry.
The reopening of 100 gas stations also had a significant economic impact through investments in the restoration and development of critical energy infrastructure. According to the company’s forecasts, thanks to the operation of these stations, UPG will pay an additional UAH 3.6 billion in taxes and fees in 2026.
“The expansion of the network is part of UPG’s long-term strategy, which involves strengthening its presence in the regions, creating jobs, and increasing tax revenues. The implementation of this strategy has been made possible by the company’s consistent work over the past few years, as well as investments in logistics, infrastructure, and cooperation with leading refineries in Europe and the US,” said UPG Group founder Volodymyr Petrenko, whose words are quoted in the press release.
The company continues to gradually launch other leased stations, expanding its presence in the regions. All leased gas stations are planned to be opened during 2026.
UPG is a Ukrainian group of companies specializing in the trade of petroleum products. UPG is one of the three largest operators in Ukraine in terms of the number of stations. The group has its own logistics infrastructure and supplies fuel directly from leading refineries in Europe and the US. The founder of UPG is Volodymyr Petrenko.
ANP, Avias, gas station, UPG
Ukrnafta announced which gas stations are operating without electricity and which gas stations have “unbreakable points.”
The enemy has once again intensified its attacks on the country’s energy infrastructure. The Chernihiv region has been hit the hardest, with 307,000 people left without power.
All UKRNAFTA gas stations—the largest single-brand network of gas stations in the country—continue to operate in the event of power outages. In total, there are 663 gas stations throughout Ukraine. There, you can always refuel your car with European-quality fuel.
Of these, 360 gas stations operate in “unbreakable point” mode. They are equipped with additional generators. There, people can warm up, drink hot tea or coffee, charge their phones, and access the internet.
“Massive attacks on energy infrastructure have led to power outages in a number of regions, including Chernihiv, Sumy, and others. The UKRNAFTA gas station network continues to operate even during power outages. We have provided backup power and conditions for visitors so that Ukrainians can refuel, warm up, and stay connected. Thank you to everyone who supports people and works even in the most difficult conditions,” said Yuriy Tkachuk, acting chairman of the board of JSC Ukrnafta.
JSC Ukrnafta is Ukraine’s largest oil producer and operator of the largest national network of gas stations, UKRNAFTA. In 2024, the company entered into asset management with Glusco. In 2025, it completed an agreement with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 663 gas stations.
The company is implementing a comprehensive program to restore operations and upgrade the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the company’s corporate rights, which belonged to private owners, to the state, and it is now managed by the Ministry of Defense.
A complete list of addresses of “unbreakable” UKRNAFTA gas stations can be found at: https://www.ukrnafta.com/data/news/2025/Perelik_punktiv_nezlamnosti.pdf
