PJSC Ukrnafta will offer a 3.3 UAH/litre discount on gasoline and diesel and a 0.5 UAH/litre discount on autogas on the 33rd anniversary of Ukraine’s Independence, the company announced on Facebook.
The promotion will run from August 23-25, 2024. It is open to Ukrainian citizens registered in the UKRNAFTA mobile application.
The offer does not apply to purchases of petroleum products in the app’s fuel wallet and when paying with NaftaPAY at the pump.
“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 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 NAFTAKarta 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.
Ukrzaliznytsia JSC (UZ) will purchase 10 thousand tons of diesel fuel from state-owned Ukrnafta PJSC following the fourth tender for the purchase of diesel fuel through Prozorro Market, the company said in a telegram on Wednesday.
According to the release, Ukrnafta offered the best price of UAH 50.97 thousand per ton.
It is noted that Ukrzaliznytsia will sign a contract with the winner in the near future. It is specified that all diesel should be painted to prevent theft.
Earlier, UZ has already purchased 25 thousand tons of diesel fuel through Prozorro Market at prices of UAH 50.5 – 52.9 thousand per ton. The company notes that, taking into account the Platts indices at the time of the selection of the winners, this corresponds to the prices of direct contracts with European producers, including all related costs for delivery and customs clearance.
In particular, in June 2024, Ukrnafta was awarded contracts for the supply of 15 thousand tons. In July, the winner of the tender for 10 thousand tons was Sokar Ukraine Trading House LLC.
It is noted that both winners at the stage of their registration in the electronic catalog of the electronic procurement system were qualified by the Professional Procurement State Enterprise and guaranteed that their products were not of Russian, Belarusian or Iranian origin.
As reported, UZ used to buy diesel directly from European producers, but in April 2024, after amendments to a government decree, the company no longer has this option and can only buy diesel through Prozorro.
Ukrnafta JSC together with the Come Back Alive Foundation have delivered 40 FN Minimi machine guns to the 82nd separate air assault brigade.
“This reliable and proven weapon is now helping the soldiers perform special combat missions. The company has allocated UAH 25.3 million for the purchase,” Ukrnafta CEO Sergiy Koretsky said on Facebook.
He also clarified that in 2023 alone, Ukrnafta allocated almost UAH 1.3 billion for the purchase of pickup trucks, armored vehicles, grenade launchers, drones and other equipment needed by the defenders.
“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 NAFTAKarta 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.
Ukrnafta has elected the full composition of the Supervisory Board. Kateryna Kuznetsova, an independent member of the Supervisory Board, joined the team.
“The company is actively implementing the OECD corporate governance principles to ensure maximum efficiency of all processes in line with the best international practices, including gender balance and professional expertise,” said Sergiy Koretsky, CEO of Ukrnafta.
The composition of the Supervisory Board of PJSC Ukrnafta has been updated:
Kateryna Kuznetsova – independent director (member). She has more than 25 years of experience in international audit firms, having worked her way up from a junior consultant to a senior manager at ERNST & YOUNG (Australia); worked as a general manager of the finance department of the corporate center of SingTel Optus (the 2nd largest telecommunications operator in Australia); and was a director of the Capital Markets Group at PwC (UK).
Timothy Dodson is an independent director (member). With over 40 years of experience in mining and geology, he was Executive Vice President at Equinor and currently chairs the Board of Directors of Ennox Technology Sdn Bhd, Norway.
Duncan James Nightingale is an independent director (member). He has more than 30 years of experience in the oil and gas industry and is an international expert in the search for oil and gas reserves in Latin America, Europe, Africa and the Middle East.
Liudmyla Darahan is a representative of the state. State Secretary of the Ministry of Defense of Ukraine. Prior to that, she worked as Deputy Head, and before that as Chief of Staff of the State Property Fund. She was also the State Secretary of the Ministry of Veterans Affairs.
Roza Tapanova is a representative of Naftogaz of Ukraine and a member of the Supervisory Board of Oschadbank. She has over 16 years of experience in law. Honored Lawyer of Ukraine.
The company has united in its management bodies highly qualified professionals, including those with extensive international experience in geology, production, audit, law and management.
We work together every day to develop the industry and achieve Ukraine’s energy independence.
Source: https://www.ukrnafta.com/v-ukrnafti-obrano-povnyj-sklad-naglyadovoi-rady
On March 11, 2024, according to the previously announced schedule, the process of accepting applications from potential partners for joint development of 21 fields was completed.
The company is currently finalizing the terms of cooperation with the companies that submitted the best proposals, preparing to submit joint applications to the Interdepartmental Commission for the organization of the conclusion and implementation of production sharing agreements and subsequent approval of the final terms of the production sharing agreements by the Cabinet of Ministers of Ukraine.
However, due to the interest of investors who were unable to participate in the first selection and the availability of fields with the potential for joint development, the Company decided to extend the application deadline for some fields by 3 months until September 10, 2024.
For more details on the algorithm for submitting applications and selecting potential investors, please follow the link.
PJSC Ukrnafta has started implementing the standards of The American Petroleum Institute in its operations, the company said in a press release on Thursday.
“Until 2023, the company was guided by outdated, Soviet-era standards of work. Accordingly, this affected absolutely all business and technological processes and did not allow us to develop at the desired pace. This is now changing,” the document explains.
In particular, the company signed a memorandum with The American Petroleum Institute and started purchasing modern equipment for production, service and stimulation – this year alone, modern pumps from German Oil Dynamics, American Baker Hughes and Alkhorayef Petroleum from Saudi Arabia will be installed in 150 wells of the company.
“However, the most important thing, the basis of all processes, is the implementation of standards, because these are the rules and regulations that the industry operates under throughout the civilized world. The first important step in this direction has already been taken: an agreement has been signed with The American Petroleum Institute to obtain and translate industry standards,” the company said.
Initially, 314 API standards have been identified, 20 of which relate to drilling, exploration, production and stimulation, and their translation has already been received and started.
The American Petroleum Institute has been defining and maintaining standards for the global oil and gas industry since 1924. These are work rules based on a century of experience and modern trends that improve safety, reduce costs, reduce waste and ensure the quality of the final product,” the company explained.
Ukrnafta added that these will be the first API standards available in Ukrainian.
“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’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 NAFTAKarta 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.
