11:18 06.05.2015

Naftogaz's revenue from gas transit shipments 27.2% down, from gas sales 7.3% up in 2014

1 min read
Naftogaz's revenue from gas transit shipments 27.2% down, from gas sales 7.3% up in 2014

NJSC Naftogaz Ukrainy's revenue from gas transit shipments amounted to UAH 17.424 billion in 2014, which was 27.2%, or UAH 6.518 billion down from 2013.

Revenue from gas transit accounted for 20.1% of total revenue in 2014, against 26.9% in 2013, the company said in its report.

Gas transit in physical terms in 2014 fell by 27.8%, or 23.929 billion cubic meters (bcm) of gas, from the previous year, to 62.197 bcm.

In 2014, Naftogaz sold 31.221 bcm to the tune of UAH 64.662 billion against 29.358 bcm worth UAH 60.248 billion in 2013 (a 7.3% decline in monetary terms).

Revenue from gas sales accounted for 74.5% of total revenue in 2014 against 67.6% in 2013, the company said.

As was reported, Naftogaz in 2013 provided gas transit services worth UAH 23.942 billion, which was 0.8% up on 2012. Gas sales totalled 29.358 bcm worth UAH 60.248 billion against 41.929 bcm worth UAH 76.788 billion in 2012.

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