Naftogaz, Ukrenergo and DTEK call on international energy companies to end cooperation with Russia

Naftogaz of Ukraine, NPC Ukrenergo and the DTEK Group have called on international companies to end their cooperation with Russia over Moscow’s unprovoked war of aggression in Ukraine. The three Ukrainian energy companies have appealed to the international community to abandon the purchase of Russian energy resources and the supply of equipment and technologies for the fuel and energy sector to Russia.

This March 22 appeal was signed by Naftogaz CEO Yuriy Vitrenko, Ukrenergo CEO Volodymyr Kudrytskyi, and DTEK Holding CEO Maxim Timchenko.

"We call on international companies to end all cooperation with Russia in the fuel and energy sector. Companies should refuse to buy Russian energy resources, and prohibit the supply of components and technologies to Russia. This should apply to gas, coal and electricity, and the production of engines, turbines, mining hardware, and other power equipment," the joint appeal stated.

The CEOs of Ukraine’s leading energy companies noted that Russia has unleashed the largest European conflict since World War II and has already killed thousands of Ukrainian civilians. Entire Ukrainian cities have been reduced to rubble and ten million Ukrainians have been forced to flee their homes. Given Russia’s recent actions, the country has no right to benefit from continued access to the economic wealth and technological might of the civilized world. 

"The only way to stop this war is to deprive the aggressor of the means to continue. Every dollar paid to Russia funds the destruction of Ukraine. On behalf of hundreds of thousands of workers throughout Ukraine’s energy industry, we urge you to stop supporting the Russian economy until the Kremlin ends its barbaric war against Ukraine," the appeal stated.

For your information:

As of 22 March, six countries have already announced their readiness to completely or partially abandon Russian energy resources.

The entire "Big Four" (Baker Hughes, Schlumberger, Halliburton, Weatherford International) oil service companies have ruled out new investments, projects, and technological implementations in the Russian market.

Naftogaz is grateful to partners who responded to its earlier appeal and took action over Russia’s criminal war against Ukraine. However, many global companies continue to work with Russia and invest in the Russian economy.

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