For 4 months of 2021 Ukrgasvydobuvannya contributed more than UAH 422 M of rental payments to local budgets

In January-April 2021, Ukrgasvydobuvannya JSC, a member of the Naftogaz Group, transfered UAH 422 million of rent payments to local budgets of the regions where the Company produces hydrocarbons.

The consolidated state budget will receive a total of more than UAH 8.4 B of rental payments from Ukrgasvydobuvannya for 4 months of 2021.

5% of rental payments – UAH 422 M - will be distributed to budgets of various levels in 12 regions.

About 90% of these funds are concentrated in two gas producing regions: Kharkiv and Poltava.

Basically, rental funds are distributed among the regions as follows:

– Kharkiv region – UAH 200.8 M

– Poltava region — UAH 186.2 M

– Lviv region — UAH 18.7 M

– Dnipropetrovsk region —UAH 7.1 M

– Others —UAH 9.4 M

For more information about royalties by district and locality, please follow the link .

Recall that the amount of rent payments is calculated in conformity with the sale price of natural gas of Ukrgasvydobuvannya JSC in favor of Naftogaz of Ukraine NJSC.

Other news