Naftogaz intends to enter electricity supply market

Gas supply company Naftogaz Ukrainy LLC, which is a 100% subsidiary of NJSC Naftogaz Ukrainy, intends to enter the electricity supply market.

According to the agenda of a meeting of the National Commission for Energy, Housing and Utilities Services Regulation (NCER), the issue of issuing a license for electricity supply to the company will be considered on January 30.

Naftogaz Ukrainy unites the largest oil and gas producing enterprises of the country. The holding is a monopolist in transit and storage of natural gas in underground gas storage facilities, as well as transportation of oil via pipelines throughout the country.