Business news from Ukraine

“Ukrgasvydobuvannya” paid UAH 23.8 bln in rent payments to budget

16 January , 2024  

In 2023, Ukrgasvydobuvannya JSC paid UAH 23.8 billion in rent payments, the company’s press service reports.

According to the press service, UAH 1.19 billion, or 5%, of this amount went to the budgets of the local and regional levels where the company operates.

The budgets of Kharkiv and Poltava regions received the largest amount of payments – UAH 584.16 million and UAH 496.34 million, respectively.

The amount of rent payments is calculated in accordance with the sale price of Ukrgasvydobuvannya’s natural gas in favor of Naftogaz of Ukraine.

As reported, in 2022, UGV produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021.

For 2023, Ukrgasvydobuvannya has been set the task to increase natural gas production by 1 bcm to 13.5 bcm.

According to the operational data, the company increased production by more than 0.7 bcm in 2023. At the end of 2023, UGV reached an average daily production of 37.5 million cubic meters.

NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.

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