REUTERS
The contract with Kobolyev expires in March 2020.
Ukrainian Minister for Development of Economy, Trade, and Agriculture Tymofiy Mylovanov at the Cabinet's Wednesday meeting invited members of government to consider the issue of announcing a competition for the post of head of Naftogaz of Ukraine as the incumbent CEO's contract expires March 10.
Prime Minister Oleksiy Honcharuk has rejected the motion.
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"Economy Minister Mylovanov has proposed supplementing the Cabinet's agenda with the announcement of a competition for the post of head of Naftogaz of Ukraine since [Naftogaz CEO] Kobolyev's contract expires on March 10. [Interior Minister Arsen] Avakov said the issue was politicized, and it was wrong to put it up. [Prime Minister Oleksiy] Honcharuk supported him, so the issue wasn't included on the agenda," Ukrainian MP Oleksiy Honcharenko wrote on Telegram.
UNIAN memo. From 1999 to 2002, Kobolyev worked at the Ukrainian office of PricewaterhouseCoopers (PwC) as a management consultant, specializing in strategic management and corporate transformation.
From 2002 to 2010, he worked in various positions at NJSC Naftogaz of Ukraine. He also worked as an advisor to the AYA Securities investment company.
He has been Chairman of the Board since March 26, 2014. The current contract with Kobolyev expires in March 2020.
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.