Naftogaz pays US$3.6 bln to state budget in Jan-Oct 2019
Naftogaz group paid UAH 89.8 billion (US$3.6 billion) in taxes and dividends to the state budget in January-October 2019.
Naftogaz group's contribution accounted for nearly 14% of the state budget revenue in the first 10 months of 2019, as reported by the company's press service.
It is noted Naftogaz group remains Ukraine's biggest taxpayer. In 2018, the group paid UAH 137.8 billion (US$5.6 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.