KIEV, May 24 – Ukrnafta will hold a meeting of its shareholders on July 7 at which they will discuss the proposal of the supervisory board to introduce a financial readjustment plan and settle the problem of a UAH 11 billion tax debt, Naftogaz Ukrainy Board Chairman Andriy Kobolev has said.

"Ukrnafta's supervisory board today decided to start preparations for financial readjustment… The final decision to start the process would be made at a meeting of shareholders. It will be held on July 7," he said at a briefing in Kiev on Tuesday after the meeting of the supervisory board.