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The company has already transferred 90% of its net profit for 2018 to the budget.
National joint-stock company Naftogaz of Ukraine has additionally paid about UAH 8.2 billion, or US$320 million, in dividends for 2018 to the state budget of Ukraine, the company's press service reported.
Thus, the company has already transferred UAH 12.3 billion, or US$480 million, in total to the budget, which is 90% of the company's net profit for 2018.
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The company recalled that at the end of June the company had already transferred UAH 4.1 billion, or US$160 million, in dividends to the state budget, which is 30% of net profit for 2018. This is in line with provisions of the law on the management of state-owned assets.
As UNIAN reported, Naftogaz in 2018 saw a 70% decline in net profit compared to 2017.
UNIAN memo. NJSC Naftogaz of Ukraine is the largest state-owned vertically integrated oil and gas company in Ukraine. It accounts for about 90% of gas and oil production in the country. Naftogaz is engaged in the development of oil and gas fields, oil and gas production, transportation, as well as the sale of fuel through a network of gas stations.