“Dismissed. Reappointed. Andriy gone. $2bn cash reserves in company,”

Thursday, April 29, 2021

one foreign member of the Supervisory Board emailed the UBN last night. “Prospect of developing serious new gas basin in Black Sea and others and were going to raise a bond issue next week – killed. As are longer term plans to transform Ukrainian gas reserves. What are they playing at? Perfect gift to Russians. Incomprehensible.”

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Kobolyev made no public comment yesterday about his dramatic fall.

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The dismissal of Kobolyev “is legal manipulation” and “demonstrates a return to practice manual management of state enterprises,”

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