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Naftogaz Ukrainy projects its net profit for 2016 will amount to UAH 18.355 bn

Naftogaz Ukrainy projects its net profit for 2016 will amount to UAH 18.355 bnNaftogaz Ukrainy projects its net profit for 2016 will amount to UAH 18.355 billion against UAH 34.053 billion of net loss a year earlier, according to a company report for 2015.

Read also: Naftogaz claims against Gazprom in Stockholm arbitration reached $28.3 bn

The company estimates its profit in the second half of 2016 will amount to UAH 897 million.

Read also: Ukraine produces 1/5 of petrol, diesel it consumes - Naftogaz

Naftogaz expects sales income in 2016 will come to UAH 168.244 billion, which is 28.2% compared to the previous year.

According to the report, gas production by PJSC Ukrgazvydobuvannia in the current year may be reduced by 0.8% compared with 2015, to 14.421 billion cubic meters, by PJSC Ukrnafta by 25.2%, to 1.124 billion cubic meters.

Read also: Ukrainian economic ministry cancels questionable amendments to Naftogaz charter

According to the expectations of the company, gas transportation under the contract with Gazprom over the year will grow by 4.4%, to 70.062 billion cubic meters.
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