+38 (044) 425-55-56

Ukrnafta plans to build up to 370 MW of generating capacity on its own gas

Ukrnafta plans to build up to 370 MW of generating capacity on its own gas

28.01.2025 07:45

The PJSC Ukrnafta is working on projects to generate energy from its own gas with a total capacity of up to 370 MW. According to the company's press release, this was announced by Duncan Nightingale, Chairman of the Supervisory Board of Ukrnafta, during the World Economic Forum in Davos.

He thanked the governments of Sweden, Norway, the Netherlands, and the United States, as well as the European Bank for Reconstruction and Development (EBRD), for their support on the path to sustainable development and invited new partners to join the implementation of ambitious, promising projects.
"We need to invest in Ukraine now. If you wait for the war to end, you may miss out on the most profitable projects, " D. Nightingale emphasised.
In his turn, Matteo Patrone, Vice President of the EBRD, noted the positive financial results achieved by the company and improvements in the management system.
Ukrnafta is Ukraine's largest oil company and operator of the national network of filling stations.
Ukrnafta's largest shareholder is Naftogaz of Ukraine with a 50%+1 share.