KYIV, March 28 – The shareholders of Ukrnafta, the country’s largest oil company, at a meeting on March 28 voted for the early termination of office of chairman of the board Mark Rollins from April 30, and electing Oleh Hez acting chairman, as well as reshuffled the supervisory board including independent members in it, sources said.

The shareholders also allowed Naftogaz Ukrayiny to purchase 4.062 billion cubic meters of gas extracted by Ukrnafta.

The matter concerns the sales and purchase contracts with the determination of the price according to the formula of import parity: 1.25 billion cubic meters of gas and 750 million cubic meters of gas of current extraction, as well as 2.062 billion cubic meters from underground storage facilities.