Naftogaz increased the profit by four billion

Нафтогаз увеличил прибыль на четыре миллиарда

The company published statements

In six months the company earned 23.3 billion UAH.

Naftogaz of Ukraine in the first half net profit by 21% to 23.3 billion compared to the same period in 2016. This is stated in the statement, published on the official website.

As noted, the segment of natural gas production brought the company a profit of 18.1 billion hryvnia, compared with 4.6 billion for the first half of 2016.

In addition, the segment of transportation and distribution of natural gas in the first half of the year brought to 15.5 billion UAH of profit, which is 33% more than last year’s result.

Also profitable in the first half of the current year of the group, the segments of production and processing of crude oil and gas condensate and crude oil transport.

Unprofitable segments of activity of steel of sale and delivery of natural gas. Here the group received a net loss of $ 3.8 billion.

The sale of gas to consumers in terms of special obligations (PSO) yielded a loss of $ 6.9 billion hryvnia.

The sale of gas on commercial terms brought profit in the amount of 0,3 billion hryvnia.

The segment of natural gas storage was a loss of 1 billion hryvnia, which is more in comparison with the first half of 2016 is 8.1%.

Overall, 6 months of 2017 due to the subsidies and benefits consumers have paid to Naftogaz for the received natural gas in the amount of 29.5 billion hryvnias.

We will remind, in June, Naftogaz announced a first profit in five years.