PJSC Ukrnaftoburinnya, managed by PJSC Ukrnafta, received UAH 1.19 billion in net profit in 2024, of which UAH 1.074 billion was allocated to the state budget, according to a press release from Ukrnafta on Thursday.
“In August 2024, Ukrnaftoburinnya resumed work at the Sakhalin field in the Kharkiv region. The company’s net profit for 2024 is UAH 1.19 billion. Today, UAH 1.074 billion, or 90% of net profit, was paid to the state budget,” said Yuriy Tkachuk, acting director of Ukrnafta.
In turn, according to the head of the National Agency for Asset Tracing and Management (ARMA) Olena Duma, the Sakhalin field is an example of how effective management and a clear legal position can yield concrete results for the economy in wartime.
“We are showing that seized assets can work for the state today,” Duma is quoted as saying in a press release from Ukrnafta.
The company recalled that in July 2024, Ukrnafta transferred a tranche of UAH 747.7 million to the state budget of Ukraine, received from the management of Ukrnaftoburinnya.
In July 2023, the Cabinet of Ministers of Ukraine transferred the corporate rights of PJSC Ukrnaftoburinnya to PJSC Ukrnafta. In December 2023, the court suspended gas production at the Sakhalin field located in the Bohodukhiv district of the Kharkiv region. However, in August 2024, the company resumed its work and, according to Ukrnafta, has been working to increase production ever since.
Ukrnaftoburinnya is one of the largest private gas production companies in Ukraine. Since 2010, it has been developing the Sakhalin oil and gas condensate field with reserves of 15 billion cubic meters of gas.
