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Friday, November 27, 2015

Naftogaz is in the black for the first time in ten years

Over the past nine months, NJSC Naftogaz of Ukrainy managed to be in the black for the first time in nearly ten years, Prime Minister of Ukraine Arseniy Yatsenyuk emphasised at a meeting of the anti-crisis energy staff on Friday, 27 November.
The activity of Naftogaz, he underlined, was not in the red despite the fact that the company received up to a UAH 8 billion loss from the sale of gas to the population, "as households still keep on receiving gas at price under the social norm that is lower than the market one."


"It has been achieved due to the proper management and thanks to the head of the company. The company offset its losses, which it received from the sale of gas to the population, by implementing gas to industrial consumers and other activities," stressed Arseniy Yatsenyuk.

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