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“Naftogazvydobuvannya” in 2016 increased tax payments by 67%

PJSC “Naftogazvydobuvannya”, included in “DTEK Naftogaz”, in 2016 the increase in tax revenues by 67% compared to 2015 year – on-year to 4.9 billion UAH.

In a press-service of the company noted that the amount of taxes paid increased due to increased production of natural gas by 25% and implementation of the products produced in 2015. This allowed the “Naftogazvydobuvannya” to be in the top 15 largest taxpayers of Ukraine.

As reported, “Naftogazvydobuvannya” in 2016, increased production of natural gas by 25.3% compared to 2015 year – up to 1 billion 630,8 million cubic meters, gas condensate – by 24%, to 56.1 thousand tons. A major factor in the growth of gas production and gas condensate was the completion of the drilling and commissioning of three wells at the Semyrenkivske gas condensate field with a depth of 5700 m to 5770 m. a further four wells Semyrenkivske field was made major repairs .

“DTEK Naftogaz” – the operating company responsible for the oil and gas direction in the structure of the energy holding DTEK. In a portfolio of assets “DTEK Naftogaz” includes “Naftogazvydobuvannya” and “Neftegazrazrabotka” leading the exploration and production of hydrocarbons in three license areas in the Poltava and Kharkiv regions.

DTEK was established in 2005 to manage the energy assets of the group “System capital management” (SCM, Donetsk) of Rinat Akhmetov. The Corporation’s delegated functions on strategic management of group companies constituting the vertically integrated chain for the production and enrichment of coal, production and sale of electricity.

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