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Ukraine's largest oil producer, Ukrnafta, in January-July 2019 paid UAH 7.6 billion (US$300.7 million) in taxes to the budgets of all levels.

Read alsoUkrnafta pays US$263.6 mln in taxes in H1

The paid taxes include UAH 52 million (US$2.05 million) of the overdue tax debt the company returned in the reported period, the company said in a report.

In 2018, Ukrnafta fully met its current tax obligations, having paid UAH 16.3 billion and become the fourth biggest taxpayer in the country.

As UNIAN reported earlier, Ukrnafta boosted its net profit by 63 times in 2018 from 2017, to UAH 6.438 billion (US$252.2 million).

UNIAN memo. Ukrnafta is the largest state-owned oil and gas company in Ukraine. It accounts for about 70% of oil and condensate production, and 11% of gas extraction in the country. Ukrnafta is one of the key players in the retail market for petroleum products in Ukraine: the company owns more than 560 fuel filling stations throughout the country.