The registration of the subsidiary company of Nord Stream 2 AG in Germany is manipulative. Chairman of Naftogaz Yuriy Vitrenko called Nord Stream 2 AG’s registration of a subsidiary, Gas for Europe GmbH, in Germany a “manipulation” and a “desire to be above the law.... #GasforEuropeGmbH #NaftogazCEO #nordstream2 #YuriVItrenko
Naftogaz CEO on the best guarantees for prolonging gas transit through Ukraine. According to Yuriy Vitrenko, “The best guarantee contracts with European companies.” He said that that negotiations on this issue organized by Germany will be held soon. He expl... #NaftogazCEO #NaftogazCOntracts #NaftogazUkraine
Naftogaz CEO elaborates on Nord Stream 2 and related issues. More details have emerged from Naftogaz CEO Yuriy Vitrenko on his view of the situation following the visit to Kyiv on August 22 of German Chancellor Angela Merkel to Ukraine and on the eve of Preside... #GazpromandNaftogaz #NaftogazCEO #VitrenkoonNordStream2
Naftogaz CEO considers transit as a key source of funding for the transformation of the energy sector. “Ukraine receives quite a lot of revenue from gas transit. We have a contract until 2024 that provides Ukraine with guaranteed income of $7.2 billion. If transit is prolonged, for example, for a... #GreenEnergyforUkraine #NaftogazCEO #Vitrenko
The Naftogaz CEO is confident Nord Stream 2 will not become operational for some time. Despite its technical readiness, the pipeline will not be able to operate commercially until certification procedures are met, Yuriy Vitrenko, Naftogaz of Ukraine’s CEO, believes. He is convinced that... #NaftogazandNordStream2 #NaftogazCEO #NaftogazUkraine
Concorde Capital’s Alexander Paraschiy writes: “There is no political will in Ukraine to dismiss Vitrenko. As such, the board seems to be making another step to find common ground with Vitrenko. So far, the conflict between the CEO and the head of... #NaftogazCEO #NaftogazUkraine #VItrenkoNaftogaz
“US diplomatic signals go unheard in Ukraine, ” headlines an Atlantic Council blog by Oleksiy Honcharuk, President Zelensky’s first Prime Minister. Alarmed over the government’s bypassing of the Naftogaz Supervisory Board to switch CEOs, US Secre... #NaftogazCEO #NaftogazDrama #UkraineNaftogaz
Former Naftogaz Chief Andriy Kobolev denies accusations of allegedly creating a hole in the 2021 state budget estimated at UAH 10 billion . “We understand that they were counting on our money – for 10 billion UAH. Our plan was to replace dividends with one or another payment (the technology can be discussed – from gove... #Naftogaz #NaftogazCEO #NaftogazFunds
The board ex-head stressed that on the date of his dismissal, the company had more than $2 billion of free funds on its account, and 7 billion cubic meters of natural gas owned by Naftogaz in underground storage facilities. “Thus, with the financial plan, which, unfortunately, was not approved for us for this year, we were going to ensure the safety of the next winter, ensure all investments in production and trans... #Kobolev #NaftogazCEO #NaftogazFinancials #NaftogazFunds
“I do not think that the decision of the Cabinet of Ministers was legitimate,” Kobolyev told Interfax Ukraine. “I believe that this decision puts an end to corporate reform. It is important not only for Naftogaz or for me personally, it is important for the entire corporate governance system that has been buil... #Kobolev #NaftogazCEO