Business news from Ukraine

Business news from Ukraine

“Ukrnaftoburinnya” Transferred 656.2 Mln UAH to State Budget for 2025

10 September , 2026  

JSC ‘Ukrnafta’ transferred 656.2 million UAH to the state budget based on the 2025 performance of PJSC “Ukrnaftoburinnya,” the company reported.

The funds were received under an asset management agreement signed between “Ukrnafta” and the Agency for the Search and Management of Assets (ARMA).

“In total, since 2023, thanks to the company’s work, over 2.5 billion hryvnias have been transferred to the state budget (…) I thank the team for their responsibility and daily work, and ARMA for its effective cooperation,” said Bohdan Kukura, chairman of the board of Ukrnafta.

For its part, ARMA states that the management of “Ukrnaftoburinnya” is one of the prime examples of the agency’s effective collaboration with the operator.

“Ukrnafta is duly fulfilling the terms of the agreement, and the result of this work is tangible—over 2.5 billion hryvnia directed to the state budget starting in 2023,” noted Yaroslava Maksymenko, acting chair of ARMA.

In July 2023, the Cabinet of Ministers of Ukraine transferred the corporate rights of PJSC “VK “Ukrnaftoburinnya” to the management of PJSC “Ukrnafta.” In December 2023, a court suspended gas production at the Sakhalin field, located in the Bohodukhiv District of Kharkiv Oblast; however, the company resumed operations in August 2024.

“Ukrnaftoburinnya” is one of the largest private gas production companies in Ukraine. Since 2010, it has been developing the Sakhalin oil, gas, and condensate field, which has reserves of 15 billion cubic meters of gas.

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