Naftogaz Group has created a separate Retail Supply division. Meanwhile, the wholesale of gas and liquid hydrocarbons remains with the Trading division.
"Six months ago, the free gas market for households became operational, enabling Ukrainians to choose their supplier freely. The number of our customers has been constantly growing, from 200-300 applications per day in the initial months, to 10-12 thousand daily applications now. Currently, gas retail is our priority, and we see the need to create a separate Retail Supply division to further develop this segment,” said Otto Waterlander, Naftogaz Group CОO.
Maksym Rabinovych, CEO of Gas Supply Company Naftogaz of Ukraine, has been appointed director of the newly created Retail Supply division. Willem Coppoolse, CEO of Gas Supply Company Naftogaz Trading has been appointed director of the Trading division.
Naftogaz Group proceeds with its transformation towards higher efficiency to bring greater benefits to its ultimate shareholder — the Ukrainian people. For this purpose, a matrix management structure is being introduced, pursuing a clear division into business units (divisions) that generate major profit and the corporate functions that support them.
Each division specializes in a specific business to maximize added value and establish clear accountability for results. Currently, the Group comprises Exploration and Production, Oil Midstream and Downstream, Retail Supply, Trading, New Energy, and Heat business divisions. One more division (Gas Storage) is currently being created. In addition to core business divisions, there is a separate Technical division, which is responsible group-wide for capital projects, R&D, and supply chain management.
The matrix model is widely used by companies throughout the world, including global oil and gas leaders like BP, Equinor, ExxonMobil.
Integrated Communications Department
NJSC Naftogaz of Ukraine