Ukrgazvydobuvannia to pay Naftogaz nearly $590 mln in dividends

The payment period is from August 22 to August 30, 2018.

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Ukraine's largest gas producer Ukrgazvydobuvannia will pay UAH 16 billion (US$589.7 million) in dividends to its sole shareholder, NJSC Naftogaz of Ukraine, as reported in the infosystem of the National Commission on Securities and Stock Market.

The corresponding decision was made on August 3.

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The payment period is from August 22 to August 30, 2018.

As UNIAN reported, in 2017, Ukrgazvydobuvannia increased gas production by 4.8%, up to 15.25 billion cubic meters.

In 2018, the company plans to produce 16-16.5 billion cubic meters.

UNIAN memo. Ukrgazvydobuvannia is Ukraine's largest gas producer. The company consists of four gas management departments: Shebelynkagazvydobuvannia, Poltavagazvydobuvannia, Kharkivgazvydobuvannia, and Lvivgazvydobuvannia.

All company shares belong to Naftogaz of Ukraine.

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