Naftohas
| NAK Naftohas Ukrajiny | |
|---|---|
| legal form | NAK ( stock corporation ) |
| founding | 1991 |
| Seat |
Kiev , Ukraine
|
| management | Andrij Kobolyev |
| sales | 105.051 billion hryvnia |
| Branch | Gas supplier, petroleum processing |
| Website | www.naftogaz.com |
| Status 2011 | |
NAK Naftohas Ukrajiny ( Ukrainian НАК Нафтогаз України , Russian Нафтогаз Украины , Naftogas Ukrainy ) is the Ukrainian state-owned energy company and operates in the oil and gas market . Naftogaz employs around 170,000 people and, according to government figures, generates 1/8 of Ukraine's GDP.
Internationally, the Naftogaz transcription used by the company itself, based on the Russian spelling, is common. In the German-speaking area z. Sometimes the Naftogaz transcription is also used. The name is composed of the Ukrainian words for "oil" (naphta) and "gas" in Ukrainian Газ Haz .
The company operates as a joint stock company (Ukrainian abbreviation: NAK).
history
Naftogaz plays an important role in the domestic political disputes in Ukraine.
In 2011, Yuri Boiko , the Ukrainian Minister for Fuel and Energy, announced the rapid restructuring and subsequent privatization of Naftogaz. This move is expected to add between US $ 10 billion and US $ 12 billion to Ukraine's budget.
On March 21, 2014, CEO Yevgen Bakulin was arrested by the Ukrainian judicial authorities on suspicion of corruption. Bakulin is said to have embezzled the equivalent of at least 2.9 billion euros. The investigative authority also searched the company's headquarters in Kiev.
On June 19, 2015, the Minister of Ecology and Natural Resources Ihor Shevchenko threatened to sell Ukrnafta if 5 billion hryvnia tax debts were not paid within a week.
Activity of the group
The group deals with:
- Extraction of gas and oil
- Provision and operation of gas pipelines and storage facilities
- Trading in natural gas
- Maintenance of transit gas pipelines
- Provision of oil pipelines
- Operation of petroleum refineries
Subsidiaries and holdings
Advancement:
- Ukrgasproduction
- Ukrnafta (50% + 1)
- Tschornomornaftohas
Transport:
- Ukrtransgaz
- Ukrtransnafta
- Ukrspetstransgaz
Distribution:
- Gas of Ukraine
- Ukravtogaz
- other companies
Gas dispute with Gazprom
In the Russian-Ukrainian gas dispute, Naftohas is the negotiating partner or often the adversary of the Russian Gazprom group .
Shortly after the change of power in Ukraine in the wake of the Euromaidan protests, the annexation of Crimea and the beginning of the Russian-Ukrainian war , a new gas dispute broke out between Naftohas and Gazprom. At the beginning of April 2014, the CEO of Gazprom, Alexei Miller , declared that Naftohas had to settle its "accrued debt with Russia" of around 1.6 billion euros immediately. On April 12, 2014, the company's new CEO, Andrij Kobolev, announced that Naftohas was suspending payments to Russia for the time being. The new prices demanded by the Russian side are not in line with the market, are unjustified and unacceptable.
In the summer of 2014, both groups filed a complaint with the arbitration tribunal of the Swedish Chamber of Commerce in Stockholm . Naftohas demanded that the gas price be adjusted to the normal market level and that the previous excess payments be reimbursed. Ukraine has to pay the highest price in Europe for Russian gas. In addition, Gazprom should pay for the transit of Russian gas through Ukraine. Gazprom, on the other hand, demanded that Naftohas pay 80 billion US dollars for gas, which the Ukrainians did not buy. Instead of an annual import volume of 52 billion cubic meters of gas, Ukraine managed with eleven billion cubic meters of gas in 2016, although this gas has not been bought in Russia since autumn 2015, but has been imported from EU countries via reverse flow. Gazprom nevertheless insisted on compliance with the so-called take-or-pay clause: if the buyer does not buy a specified amount, he still has to pay it. In addition, Naftohas should pay for the gas that Gazprom delivers directly to the Russian-occupied territories in eastern Ukraine.
On May 31, 2017, the court ruled in a landmark judgment that Gazprom cannot invoke the take-or-pay clause. Gazprom is therefore not entitled to payment for gas that Ukraine has not purchased. According to Naftohas, the court also granted the Ukrainian request to renegotiate gas prices. In a final judgment on February 28, 2018, the arbitration tribunal in Stockholm ruled Naftogaz on practically every point. After offsetting all of the claims granted, Gazprom has to pay Naftohas US $ 2.56 billion.
Gazprom announced its plan not to supply Ukraine with gas in March 2018 the day after the final ruling, despite Naftohas having already paid for the outstanding delivery and a Europe-wide cold spell hit Ukraine hard. Ukraine then had to reduce heat consumption by 5–10 percent and buy gas from Europe. The March delivery would have represented the first direct import of Russian gas since November 2015. Russia later said it wanted to suspend all gas supplies to Ukraine for an indefinite period and withdraw from existing contracts. The Ukraine turned to supplies from Poland. “Thanks to our Polish partners, another attempt by Moscow to use gas as a political weapon against Ukraine has failed,” said Naftogaz boss Kobolev. The government also recommended closing kindergartens, schools and universities for five days to save gas during the cold spell. The Naftohas subsidiary Ukrtransgaz reported a pressure drop in the transit gas supplied by Russia.
Individual evidence
- ↑ Хто такий новий керівник "Нафтогазу" Андрій Коболєв
- ↑ Naftogaz: Financial Statement Naftogaz 2011 (PDF).
- ↑ industriemagazin.net
- ↑ tagesspiegel.de
- ↑ Naftogaz is expected to bring Ukraine up to 12 billion dollars ( Memento from January 7, 2014 in the Internet Archive )
- ↑ Head of the Ukraine gas company in custody on March 21, 2014.
- ↑ Minister threatens to sell Ukrnafta if 5 billion debts are not paid , ukrinform dated June 19, 2015.
- ^ A b c Matthias Benz: Arbitration from Stockholm: Ukraine wins in the gas dispute against Russia . In: NZZ , May 31, 2017.
- ↑ a b Eugen Theise: Kiev and Moscow have a legal battle of billions . In: Deutsche Welle , April 26, 2017.
- ^ FAZ of April 3, 2014
- ↑ Ukraine does not want to pay price for natural gas from Russia , Wirtschaftswoche from April 12, 2014.
- ↑ a b Roman Olearchyk and Henry Foy: Ukraine claims early victory arbitration over Gazprom . In: Financial Times , May 31, 2017.
- ↑ Matthias Benz: Ukraine has finally won the natural gas dispute with Russia . In: Neue Zürcher Zeitung , March 1, 2018.
- ↑ Russian Gas Giant Ordered to Pay Ukraine $ 2.56 Bln Over Price Hikes . In: Moscow Times , March 1, 2018.
- ↑ a b Snow-hit Ukraine faces gas squeeze as Gazprom holds back supplies . In: Reuters , March 1, 2018.
- ↑ Kenneth Rapoza: In Shocking Turn Of Events, Russia Now Owes Ukraine Billions . In: Forbes , March 1, 2018.
- ↑ Ukraine closes schools to save gas as Russia keeps pipelines closed. In: BBC , March 2, 2018.
- ↑ a b Russia wants to withdraw from gas contracts with Ukraine . In: Zeit Online , March 2, 2018.