KIEV, Aug. 30 - UkrNafta, Ukraine's biggest oil company, plans to close 2007 with a higher-than-earlier-forecast net profit of UAH850 million to UAH1 billion, first deputy CEO for economics and finance Volodymyr Pustovarov said.

In late May, Pustovarov said that this year the company will cut its net profit estimate as low as UAH608.8 million.