Business news from Ukraine

NAFTOGAZ APPOINTS NEW HEAD OF ITS SWISS SUBSIDIARY

NJSC Naftogaz Ukrainy has appointed Oleksandr Scherba as head of its Swiss subsidiary, Naftogaz Trading Europe S.A., instead of Willem Coppoolse.
The relevant notice was published in the Swiss press in early February.
Scherba, who served as Ambassador Extraordinary and Plenipotentiary of Ukraine to Austria from November 2014 to April 2021, joined Naftogaz in October last year as Chief Adviser to the CEO on international activities’ coordination.
Coppoolse completed his work at Naftogaz back in May 2021, where he was responsible for the trading direction, and since January 2022 he has been appointed director of the Energy Resources of Ukraine (ERU) group of companies.
As reported, Naftogaz resumed imports of natural gas in early February 2022.
Naftogaz Ukrainy unites the largest oil and gas producing enterprises of the country (100% of Ukrgazvydobuvannia and 50% plus 1 share of PJSC Ukrnafta). The Group also has a monopoly on natural gas storage in underground storage facilities (100% of Ukrtransgaz) and oil transportation by pipeline across the country (100% of Ukrtransnafta), and is actively developing gas supplies to household consumers.

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