Ukrnaftogazburenie LLC (Lviv) has been announced the winner of the tender of the Odesa Port Plant (OPP) for the supply of 242.557 million cubic meters of natural gas by the end of 2024.
According to the plant’s website, the company was accredited as a supplier on August 28. The expected value of the gas supply was UAH 4.185 billion, and Ukrnaftogazburenie’s offer is not listed on the OPP website.
At the same time, the previous July tender of the OPP for the supply of a slightly larger volume of gas was canceled, although the winner, Wilbur Commodities LLC, was also selected.
According to Opendatabot, Ukrnaftogazburenie, registered in August 2023 and owned by Mykhailo Mazur, earned UAH 30.46 million in revenue last year and suffered a net loss of UAH 1.1 million. The company received a license to supply natural gas in September 2023.
On July 29, 2024, the OPP shareholders’ meeting approved an agreement with Agrotorggroup LLC (Kharkiv) for the supply of liquid ammonia and urea for UAH 6.3 billion.
As reported, the OPP produces chemical products and transships them to sea. The state, represented by the SPFU, owns 99.5667% of the OPP shares, Concord Capital LLC owns 0.0021%, and other individual shareholders own 0.4312%.
The privatization of the OPP has been announced more than once for almost 20 years, but has not taken place. In September 2021, production at the plant was suspended due to gas supply problems. In April 2022, it was announced that the plant would be mothballed and employees would be sent on indefinite leave.