KYIV, May 19 – A consolidated net profit of Naftogaz Ukrayiny for 2021 amounted to UAH 12.023 billion versus a net loss of UAH 19.002 billion in 2020.

According to the reports published on the Naftogaz website, its sales revenue last year grew by 36.5% compared to 2020, to UAH 217.384 billion, and total revenue by 13.5% (by UAH 25.962 billion), to UAH 218.979 billion.

Not all segments of business activities were profitable and this needs to be addressed. In particular, the import, trading and supply of gas were unprofitable activities due to state regulation and the decisions of the Regulator (the NEURC). Gas storage activity also failed to generate a profit partially due to the Regulator's decisions," Naftogaz CEO Yuriy Vitrenko said.