About Naftogaz

About Naftogaz

We engage in a full cycle of field exploration and development, production and exploration drilling, storage of oil and gas, processing and distribution of oil products, natural gas and liquefied gas to consumers.
  • 52thousand employees
  • 720UAH million - COVID-19 aid provided
  • 162UAH million - budget for environmental initiatives
  • 116UAH billion taxes and dividends paid to the state budget

Naftogaz is the largest state-owned company in Ukraine

We engage in a full cycle of field exploration and development, production and exploration drilling, storage of oil and gas, processing and distribution of oil products, natural gas and liquefied gas to consumers.

Naftogaz is committed to future generations, which is why one of our strategic goals is to build up “green” energy assets to enable the energy transformation of Naftogaz and de-carbonisation of the Ukrainian economy. This is all made possible thanks to the efforts of our 52,000 employees.

Naftogaz’s operations are managed by business divisions:

The latter business division is a centralised body in charge of capital projects, R&D, and supply chain management.

The structure of Naftogaz Group includes National Joint Stock Company “Naftogaz of Ukraine”, as well as 7 joint stock companies, 9 subsidiaries, 7 representative offices and affiliates that are 100%-owned by the Company, as well as 5 companies whose share capital is 40%-100% owned by National Joint Stock Company “Naftogaz of Ukraine”.

In addition, National Joint Stock Company “Naftogaz of Ukraine” owns shares in 39 joint stock companies dealing with gas distribution and gasification. We operate in all regions of Ukraine, as well as in the Arab Republic of Egypt. Naftogaz also has representative offices in Turkmenistan and the Kingdom of Belgium.

Care for the environment as well as support for local communities in regions where we are active is an important priority for us. We place special focus on dealing with the nationwide problems, such as fighting the COVID-19 pandemic, restoring social infrastructure, and supporting the servicemen and servicewomen of the Joint Forces Operation.

A correctly structured corporate governance system of Naftogaz is an effective tool that enables:

  • improvement of operational efficiency
  • top-tier transparency and control
  • higher profitability
  • better opportunities to raise external financing
  • better interaction between internal and external parties
  • improvement of the company’s reputation

Who we are:

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