Question argues that the profitability of ukrgazvidobuvannya is 250%Photo:

COBOL does not agree with the Deputy Prime Minister

24.02.18 25751910

The wholesale price of gas which the public gas company “Ukrgazvydobuvannya” sells Naftogaz Ukraine, has the profitability 250%.

This was at a round table in Parliament, said Deputy Prime Minister-Minister Vladimir Kistion, UNIAN reports.

“The wholesale price at which it sells gas to Ukrgazvydobuvannya, has a profitability of more than 250%. The investment program in 2017, the project financial plan amounted to 30 billion UAH, and real execution – only 9 billion UAH”, – said Deputy Prime Minister.

Question stated that today the company has about 100 licenses for the extraction of gas, which she uses and who “lie dormant”.

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Present at the round table the head of Naftogaz Andrey Kobelev said nothing about the profitability of ukrgazvidobuvannya, but denied Questiona about unused licenses ukrgazvidobuvannya, adding that due to administrative barriers, the company can start work only on certain licensed areas in the region.

“Ukrgazvidobuvannya last year showed a record production of gas… the fact that the management and Ukrgazvydobuvannya Naftogaz, choosing the optimal solution, able to achieve production growth of 9 billion, not 30, in my opinion, is a very positive result,” – said KOBOLEV statement of Questiona regarding the implementation of state-owned investment programme in 2017.

We will remind, at the end of 2017 Ukrgazvydobuvannya increased natural gas production by 4.8 percent to 15.3 billion cubic meters.