Naftogaz

Naftogaz (full name:National Joint-Stock Company Naftogaz of Ukraine; also: Naftogaz Ukrainy, Ukrainian: НАК "Нафтогаз України", Naftohaz Ukrayiny, literally: Oilgas of Ukraine) is the national oil and gas company of Ukraine. It is the state-owned company under the Ministry of Fuel and Energy of Ukraine. The company is concerned with extraction, transportation, and refinement of natural gas and crude oil. The company is also active in Egypt and in the United Arab Emirates. The head office of the company is in Kiev.

Ukraine's system of trunk natural gas pipelines and underground natural gas depots is operated by Ukrtransgaz, a subsidiary of Naftogaz Ukrainy. Another subsidiary of Naftogaz Ukrainy, Gaz Ukrainy, is responsible for domestic gas distribution to local Ukrainian heat supply companies.

In September 2009 the Fitch Ratings of the company dropped from 'CC' to 'C'. Late 2009 the company restructured of its foreign debt via the exchange of eurobonds and obligations on bilateral loans for single investment instruments. Naftogaz transfers gas to Gazprom.

Read more about NaftogazInternational Activities

Other articles related to "naftogaz":

2009 Russia–Ukraine Gas Dispute - Technical Gas and Accusations of Stealing
... and Energy, it was Ukraine's responsibility to supply the necessary technical gas, but Naftogaz insisted this was the responsibility of Gazprom ... On January 3, Naftogaz issued a statement saying that it would take the necessary gas from volumes that were bound for Europe as technical gas, at a ... Naftogaz acknowledged that it had taken a certain amount of gas, but claimed the amount taken was only 52.2 mmcm, and reiterated that it was entitled to take this gas in ...
2009 Russia–Ukraine Gas Dispute - Background
... and mutually agreed levels" within three years, and that Naftogaz would buy gas directly from Gazprom and be the sole importer to Ukraine, removing intermediaries ... In November, Gazprom and Naftogaz signed a long-term contract with similar provisions however, this document differed in that it referred to transit fees remaining at ... Naftogaz CEO Vladimir Trykolych said that Naftogaz owed $1.26–1.27 billion to RosUkrEnergo in total, but claimed that Naftogaz had no debt to Gazprom ...
Neftegaz
... Ukrainian NaftoHaz) may refer to several oil and gas company NJSC Naftogaz of Ukraine Ukrainian oil and gas company Naftogaz India Indian oil and gas company, subsidiary of Naftogaz of Ukraine NJSC ...
2009 Russia–Ukraine Gas Dispute - Crisis - Attempts To Restore Gas Supplies
... Naftogaz sent a letter to Gazprom CEO Alexei Miller arguing that Gazprom was not only responsible for supplying technical gas, but also additional linepack gas of 140 million cubic metres (4.9 billion cubic feet) in ... Naftogaz suggested an alternative route through the Valuyki and Pisarevka metering stations, but later added that it was unprepared to partially accept ... Naftogaz added that a resumption of transit would require conclusion of a technical agreement ...
Naftogaz - International Activities
... On December 13, 2006, Naftogaz Ukrainy and the Egyptian General Petroleum Corporation had signed an agreement on the exploration and development of oil and gas deposits on the eastern territory of Alam El ...