Naftogaz pays about US$3.4 bln in taxes, dividends to budget in Jan-Sept

REUTERS National Joint-Stock Company Naftogaz of Ukraine in January-September 2019 paid to the national and local budget about UAH 83.7 billion (US$3.4 billion) in taxes and dividends. Read alsoNaftogaz&#39;s CEO on extending current gas transit contract with Russia: Not interesting "Naftogaz Group paid UAH 83.7 billion in taxes and dividends to the state and local budgets in January-September 2019," the company said in a statement on October 10. Revenue from Naftogaz Group accounted for nearly 15% of total national budget revenue in the nine months of 2019, it said. As UNIAN reported earlier, Naftogaz in 2018 paid UAH 137.8 billion (US$5.6 billion) in taxes and dividends, which was almost a third more than in 2017. The corresponding sum Naftogaz paid in 2017 was over UAH 107.3 billion (US$4.4 billion). 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.

Naftogaz pays about US$3.4 bln in taxes, dividends to budget in Jan-Sept

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