Naftogaz of Ukraine - Company Profile
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Naftogaz of Ukraine (Naftogaz) is a vertically integrated oil and gas company that carries out the acquisition, exploration, development, and production of crude oil and natural gas. It also processes gas, oil, and condensate, besides crude oil transmission. It also supplies natural gas and liquefied petroleum gas (LPG) to its consumers. Its product portfolio includes crude oil, natural gas, natural gas liquids (NGLs), condensate, LPG, diesel, gasoline, and motor fuel. The company also offers allied services including contract drilling and geological survey, processing and distribution, marketing, transportation, and storage of petroleum products. It operates a network of gas filling stations, serving retail, and wholesale customers. Naftogaz is headquartered in Kyiv, Ukraine.
Headquarters
Ukraine
Address
No. 6, Bohdana Khmelnitskogo Street, Kyiv, Kiev, 01601
Website
www.naftogaz.com
Telephone
380 44 5863330
No of Employees
52,000
Industry
Energy and Utilities
Revenue (2024)
$7.5B
Naftogaz of Ukraine premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Refinery Services |
| Natural Gas | Transportation Services |
| Natural Gas Liquids | Oil and Gas Processing |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company and ORLEN agreed to supply up to 300 million cubic meters of US sourced LNG to Ukraine. |
| 2025 | Contracts/Agreements | In November, the company and DEPA Commercial signed a letter of intent covering natural gas supplies to Ukraine for the winter 2025–2026 season, including both operational and longer-term arrangements. |
| 2025 | Contracts/Agreements | In November, the company signed a EUR127 million investment grant agreement with the European Investment Bank to finance natural gas purchases for the upcoming heating season. |
Competitor Comparison
| Key Parameters | Naftogaz of Ukraine | JKX Oil & Gas Ltd | Enwell Energy PLC | Cadogan Energy Solutions Plc | Geo Alliance Oil Gas Public Ltd |
|---|---|---|---|---|---|
| Headquarters | Ukraine | United Kingdom | United Kingdom | United Kingdom | Cyprus |
| City | Kyiv | London | London | Kiev | Limassol |
| State/Province | Kiev | England | Greater London | Greater London | - |
| No. of Employees | 52,000 | 256 | 279 | 76 | - |
| Entity Type | Government | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sergii Koretskyi | Chief Executive Officer; Chairman | Executive Board | 2025 | - |
| Olena Artazei | Chief Human Resources Officer | Senior Management | - | - |
| Sergii Fedorenko | Chief Commercial Officer | Senior Management | 2025 | - |
| Duncan Nightingale | Chairman | Non Executive Board | 2026 | - |
| Tor Martin Anfinnsen | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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