KYIV, Nov 26 – The net consolidated loss of the Naftogaz group in January-September amounted to UAH 17 billion compared to a net profit of UAH 21.31 for the same period last year.

"For the nine months, reported loss was UAH 17.0 billion, reflecting lower demand and gas prices," the company said in a statement Thursday.

According to the report, in the third quarter of this year, Naftogaz's net loss from continuing operations was UAH 5.49 billion, which is 61.8% more than in the third quarter of last year. The group said that if we exclude the profit from transit during this period in 2019, then the increase in loss will not be so significant – 14.6%.