Naftogaz pays almost $3.6 bln in taxes to budget in 10 months

National oil and gas holding Naftogaz of Ukraine paid UAH 94.6 billion, or US$3.6 billion, in taxes to the national budget in the 10 months of 2017, according to the company's press service.

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"This is about 15% of the total budget revenue in the 10 months of 2017," the press service wrote on Facebook.

Read alsoNaftogaz boosts profits to almost UAH 31 blnAs UNIAN reported earlier, Naftogaz boosted net profit by 20% in January-September of 2017, to UAH 30.6 billion ($1.2 billion). The company channeled UAH 91.5 billion in taxes and dividends to the state budget over the nine months, which was almost twice as much as in the same period last year.

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.

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