Ukrnafta has fully repaid its tax debt to the state

Ukrnafta PJSC reports full repayment of the "historical" tax debt. The company has transferred UAH 28.9 billion to the special fund of the state budget. This amount includes debt on VAT, profit tax and rent payment, accrued fines and penalties for late payment of monetary liabilities.

The repayment of the tax debt took place within the framework of implementing the agreements between Ukrnafta and Naftogaz of Ukraine on the purchase and sale of natural gas. Under this agreement, Naftogaz paid Ukrnafta UAH 15.1 billion for UAH 2.061 billion cubic meters of natural gas produced in 2006.

In addition, Ukrnafta received an advance payment of UAH 23.5 billion for the supply of natural gas of future production. The company expects to supply gas under the prepayment over the next few years. In its turn, Ukrnafta returned to Naftogaz of Ukraine UAH 2.5 billion loan, which the company received earlier this year for payment of VAT liabilities, which arose in the process of natural gas sales.

"Settlement of the tax debt issue came as a result of coordinated actions of the Supervisory Board and the Management Board of Ukrnafta, active work of the Naftogaz team and support of the Government and MPs. Ukrnafta intends to focus on strategic tasks and the formation of conditions that will ensure a sustainable increase in oil and gas production in the interests of Ukraine's energy security," said Oleg Gez, Chairman of the Board of PJSC Ukrnafta.

16:05 / 23 December 2020

Upcoming events
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019 Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
ODESA OFFSHORE CONFERENCE-2019
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019 The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.
Carpathian Oil&Gas Conference-2019
All events