Public joint-stock company Ukrnafta has said that all its liabilities for 2011-2014 dividends worth UAH 2.412 billion have been terminated to cover debts of national joint-stock company Naftogaz Ukrainy for gas received in 2008, Ukrnafta said in a letter to Naftogaz Ukrainy, a copy of which has been forwarded to Interfax-Ukraine.

Ukrnafta took UAH 1.78 billion for 247.17 million cubic meters of gas (at the upper price for industrial consumers – UAH 7,200 per 1,000 cubic meters, which was in effect at the moment of the Ukrnafta's statement in April 2015 on the debts being waived).

In addition, Ukrnafta took UAH 632.304 million for 95.804 million cubic meters of gas (at the upper price for industrial consumers – UAH 6,600 per 1,000 cubic meters which is currently in effect). The sum is considered paid to cover its liabilities on 2014 dividends.

The company has no liabilities to Naftogaz Ukrainy to pay 2011-2014 dividends to Naftogaz Ukrainy, while Naftogaz still owes for gas sold in 2008 in the amount of 27.439 million cubic meters.

The letter has been signed by acting Board Chairman of Ukrnafta Volodymyr Pustovarov.