Naftogaz pays US$1.4 bln to state budget in Jan-April 2019

22:17, 10 May 2019
Economy
166 0
REUTERS

Read alsoNaftogaz posts over US$511.5 mln in net profit in 2018, 64% down from 2017

Revenues from Naftogaz group exceeded 16.5% of total state budget revenues in January-April 2019, the Communications Department of NJSC Naftogaz of Ukraine has reported.

Naftogaz group remains Ukraine's biggest taxpayer. In 2018, the group paid UAH 137.8 billion of taxes and dividends to the state budget.

As UNIAN reported earlier, Naftogaz in 2018 paid UAH 137.8 billion (US$5.2 billion) in taxes and dividends, which was almost a third more than in 2017.

UNIAN memo. NJSC Naftogaz of Ukraine is the largest state-run vertically integrated oil and gas holding whose subsidiaries account for about 90% of oil and gas production in Ukraine. Naftogaz develops oil and gas fields, produces crude oil and natural gas. Its core business is also transportation and trade in fuel through its own network of filling stations.

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