More than UAH 1 billion: Ukrgasvydobuvannya transferred rent to the local budgets

Sep 14, 2021 | Category: Official
More than UAH 1 billion: Ukrgasvydobuvannya transferred rent to the local budgets

Ukrgasvydobuvannya JSC, a part of the Naftogaz Group, in January-August 2021 contributed more than UAH 1 billion of rent payments to the local budgets where the company produces hydrocarbons.

In general, the consolidated budget of the country will receive more than UAH 20.2 billion of rent payments from Ukrgasvydobuvannya for 8 months of 2021.

5% of rent payments – more than UAH 1 billion - will go to the budgets of various levels of 11 regions.

Some 90% of these funds are concentrated in two gas-producing regions: Kharkiv and Poltava.

In general rent funds are distributed among the regions as follows:

  • - Kharkiv region - UAH 484.9 million
  • - Poltava region - UAH 446.5 million
  • - Lviv region - UAH 44.5 million
  • - Dnipropetrovsk region - UAH 16.8 million
  • - Others - UAH 20.8 million

For more information about rent charges by districts and localities, please follow the link.

Recall that the amount of rent payments is calculated in accordance with Ukrgasvydobuvannya natural gas sale price in favor of Naftogaz of Ukraine NJSC.