16:54 13.11.2023

Naftogaz intends to increase share in gas supply to industry – Chernyshov

2 min read
Naftogaz intends to increase share in gas supply to industry – Chernyshov

NJSC Naftogaz Ukrainy wants to increase its share, which currently amounts to approximately 21%, in the market for the supply of gas to industry, said head of Naftogaz Group Oleksiy Chernyshov.

“Historically, in recent years, Naftogaz has been focused on supplying natural gas to the population and heating and power utilities, that is, those segments where PSO operates. Apparently, it did not have free resources to offer to the economy. Today we have changed the approach: we created and acquired free resources and offer them to industry,” Chernyshov said in a comment to the Interfax-Ukraine agency on the sidelines of the forum “Success Formula for Ukraine. Big Day with NV” on November 11.

“In this segment, where manufacturing enterprises operate, fortunately, there is a market. The market operates according to its own laws. There is competition: in some places we win, in others we don’t. Now Naftogaz’s share is approximately 21%, but we want to increase it ", he added.

As reported with reference to the head of Naftogaz Group, gas reserves in underground storage facilities currently amount to more than 16 billion cubic meters, and its production in 2023 increased by 7%.

Chernyshov also said that Naftogaz next year would be able to buy out the entire resources offered by private gas production companies if the ban on its export is extended.

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