Defenders of Kobolyev noted that despite last year’s loss,

Thursday, April 29, 2021

the company paid $5 billion in taxes – 17% of Ukraine’s tax receipts. Kobolyev leaves Naftogaz with $2 billion in cash on hand, a war chest to buy gas for the winter.

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Objections swirl over the legal maneuver used to bypass the Board and fire an executive who was one year into a four-year contract.

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This afternoon, the Rada is to meet to vote on the candidacy of Herman Halushchenko for the post of Energy Minister.

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