“Ukrnafta” transferred another 1.43 billion hryvnia in dividends to the state budget.
Since the company came under state control, the total amount of dividends paid has already reached 16.73 billion UAH.
“Despite the widespread destruction of production infrastructure caused by Russian attacks, the need to restore and replace damaged equipment, as well as additional investments in facility security, “Ukrnafta” ensured stable transfers of a portion of its net profit to the state budget in 2025,” said Bohdan Kukura, Chairman of the Board of JSC “Ukrnafta.”
Currently, the intensity of shelling and destruction of the company’s production infrastructure and network of gas stations in frontline territories is increasing. Additional factors affecting the company’s financial condition include the global oil crisis, the need to import additional volumes of fuel in early 2026 to avoid a shortage of petroleum products in the country, and the obligation to allocate all domestically produced gas to meet the needs of the population.
Even under these conditions, the company maintains operational stability, continues production, supplies the country with high-quality fuel, invests in development, and fully fulfills its obligations to the state and local budgets.
JSC “Ukrnafta” is Ukraine’s largest oil producer and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company began managing Glusco’s assets. In 2025, it finalized an agreement with Shell Overseas Investments BV to acquire the Shell network in Ukraine. In total, it operates nearly 700 gas stations.
The company is implementing a comprehensive program to resume operations and modernize the format of the gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is NAK Naftogaz of Ukraine, with a stake of 50% + 1 share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the portion of the company’s corporate rights that belonged to private owners; this portion is now managed by the Ministry of Defense.
