In January-October 2023, PJSC Ukrnafta sold 3.7 million non-fuel checks, which is 43% more than in 10 months of 2022, and 7.15 million units of non-fuel products, which is 58% more than in the same period last year.
“In general, the turnover in January-October 2023 increased by 30%, adjusted for inflation,” the company said in a press release on Friday.
According to the company, the conversion rate – the ratio between non-fuel and fuel receipts – increased by 78%, from 0.13 to 0.23.
“Ukrnafta’s goal is to reach a one-to-one ratio in fuel and non-fuel sales. We are developing the network to ensure that customers receive not only European quality Euro-5 fuel, but also all the necessary goods and services,” the company said.
As reported, Ukrnafta, which has been fully controlled by the state since the end of 2022, has set a strategic goal to double oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively. In 2023, the company plans to increase oil production by 5.8% year-on-year to 1.447 million tons and gas production by 0.3% to 1.04 billion cubic meters.
“Ukrnafta holds 87 special permits for hydrocarbon production.
Ukrnafta’s network of filling stations includes 537 stations in almost all regions of Ukraine. Of these, 456 are operational. The company is implementing a comprehensive program to restore operations and update the format of its filling stations.
NJSC Naftogaz of Ukraine owns 50% + 1 share in PJSC Ukrnafta.
