Naftogaz pays US$2.26 bln in taxes to state budget in H1
Naftogaz group paid nearly UAH 58.6 billion (US$2.26 billion) in taxes and duties to the state budget in the first half of 2019 (H1).
"Naftogaz group's contribution accounted for more than 15.9% of the state budget revenue in the first half of 2019," according to Naftogaz press service.
It is reported Naftogaz group remains Ukraine's biggest taxpayer. In 2018, the group paid UAH 137.8 billion (US$5.32 billion) in taxes and dividends to the state and local budgets.
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.