Naftogaz reported the first profit in Egypt

Нафтогаз отчитался о первой прибыли в Египте

Naftogaz produces oil and gas in Egypt

The company has received from oil and gas production 5 million dollars in profits.

National company Naftogaz of Ukraine for the first time in many years, has profited from oil and gas projects that the company implements in Egypt. About this on air of one of TV channels reported the chief commercial Director of the holding Yury Vitrenko, reports UNIAN.

“We have a lot of different businesses, including we produce oil and gas in Egypt. This business we made profitable. This year we received a net cash surplus of $ 5 million. Before that we were losing 20-30 million dollars a year,” he said.

Recall that in 2009 Naftogaz in Egypt found in one of the areas oil.