Ukrnafta plans to drill about 30 new wells in 2025, as well as carry out workovers, equipment upgrades and production stimulation.
This was announced by the company’s CEO Sergiy Koretsky at the conference Supplier Day for State-Owned Oil and Gas Enterprises: Plans for 2025.
“In 2025, we plan to increase production by about 30 new wells. The vast majority of them will be completed with the help of third-party contractors. We also plan about 120 workovers – about 34 with the help of third-party contractors, and 52 hydraulic fracturing operations – about 30 with external support,” he said.
According to the CEO, the company will focus on upgrading equipment and improving energy efficiency: modernizing compressor stations, installing booster compressor stations and modular equipment for hydrocarbon preparation and measurement.
“We are preparing to conduct 3D seismic surveys over about 1,250 square kilometers of area. We also plan to conduct industrial and geophysical studies, design and survey work. In 2025, we will focus on pipeline surveys: about 2.5 thousand kilometers will need to be inspected to prevent gusts and emergencies,” Koretskyi said.
The company also repairs and modernizes the filling stations of the largest mono-brand network in Ukraine. About 100 existing filling stations will be partially modernized this year. Shops and cafes will be added. Modernization of the existing filling stations and construction of new complexes is the goal for the next few years.
“All Ukrnafta’s plans are impossible without reliable partners. That is why I sincerely invite everyone to follow the updates on the company’s official resources and participate in open tenders in the Prozorro public procurement system,” said the Ukrnafta CEO.
“Ukrnafta is Ukraine’s largest oil producer and operator of the national network of filling stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, the company has been issuing its own fuel coupons and NAFTACard cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder 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 to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.
PJSC Ukrnafta has purchased and handed over 20 AUTEL EVO MAX 4T thermal imaging copters and 60 DJI Mavic 3PRO drones, as well as control panels for the 13th Brigade of the National Guard of Ukraine “Charter”.
“This is the first batch of funds and equipment donated. Ukrnafta’s total contribution is UAH 10 million. The birds are already helping the guys in the Kharkiv sector to perform combat missions,” wrote Sergiy Koretsky, Ukrnafta’s CEO, on his Facebook page.
“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder 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 to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.
In January-August 2024, PJSC Ukrnafta doubled its revenue from sales of related goods and services at its filling station network compared to the same period last year, the company reported on its Facebook page.
According to the company, the number of non-fuel receipts increased by 71% during this period.
In total, UKRNAFTA gas stations sold 9.1 million units of goods in eight months, compared to 5.3 million in January-August 2023.
The conversion ratio – the ratio between fuel and non-fuel sales – was 0.29 during this period. In 2023, it was 0.21, and in 2022, 0.12. The company’s goal is to reach one.
“The company continues to re-equip its filling stations, opening markets where kiosks used to be, which significantly improves customer service,” the statement said.
“Ukrnafta is the largest oil company in Ukraine and the operator of the national network of filling stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
As reported, in January-June 2024, Ukrnafta earned UAH 10.6 billion in net profit.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder 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 to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.
PJSC Ukrnafta imports gasoline and diesel fuel according to Euro-5 standards from Sweden, Poland, Lithuania, Greece, and Kuwait, the company’s press service reports.
In particular, it is diesel fuel and gasoline produced by Preem (Sweden), Orlen (Poland), Kuwait National Petroleum Company (Kuwait), Hellenic Petroleum and Motor Oil Hellas (both Greece).
“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of filling stations. In March 2024, the company took over the management of Glusco assets and operates 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder 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 to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.
PJSC Ukrnafta invites potential and regular contractors to a series of workshops aimed at improving the transparency and efficiency of procurement processes, including the lease of special equipment for production needs in 2025. These events are part of the company’s strategy to develop long-term and reliable partnerships.
Topics of the first meeting:
Types of services to be procured:
The workshops provide a unique opportunity to get better acquainted with the requirements of PJSC Ukrnafta, learn about the specifics of work and establish cooperation with the largest oil company in Ukraine.
Don’t miss the opportunity to become our partner! Register now to learn more and get answers to all your questions during the workshop.
Date of the meeting: September 18, 2024
Time: 11:00
Venue: Headquarters of PJSC Ukrnafta, 3-5 Nestorivskyi lane, Kyiv, Ukraine
Participation format: Personal presence or online connection via Microsoft Teams.
Registration for participation:
Participants should register via the Google form or send an application to the following email address:
ruslan.puzii@ukrnafta.com with a copy to daria.obodets@ukrnafta.com
The letter should include:
Contact information for your reference:
Demian Pashkovsky
Head of the dispatching sector
Phone: +380 50 739 65 29
About PJSC Ukrnafta:
PJSC Ukrnafta is the largest oil company in Ukraine engaged in the production and sale of petroleum products. The company actively develops partnerships and implements innovative solutions to ensure stable energy supply of the country.
In January-June 2024, PJSC Ukrnafta received UAH 10.6 billion in net profit.
“The results were confirmed by the audit of Crowe Erfolg Ukraine, Crowe Audit & Accounting Ukraine,” the company said on Wednesday.
During this period, the company paid UAH 20.2 billion to the state budget in the form of taxes, duties, dividends on the state share and customs payments.
“In total, since the beginning of state management and the start of the new management at the end of 2022 and as of today, the company has received almost UAH 40 billion in profit,” said Sergiy Koretsky, Ukrnafta’s CEO.
“Ukrnafta is the largest oil producer in Ukraine and the operator of the national network of filling stations. In March 2024, the company took over the management of Glusco assets and operates 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder 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 to the state a share of corporate rights of the company owned by private owners, which is currently managed by the Ministry of Defense.
