Ukrgasvydobuvannya transferred over UAH 13.88 billion of royalty to the country's budget for the first seven months of 2023

Aug 21, 2023 | Category: Official
Ukrgasvydobuvannya transferred over UAH 13.88 billion of royalty to the country's budget for the first seven months of 2023

Based on the results of its activities in the period from January to July 2023, Ukrgasvydobuvannya JSC, a member of Naftogaz Group, has allocated UAH 13.88 billion of royalty payments to the consolidated budget of the country.

5% of this amount, or UAH 693.9 million, will go to the local and regional budgets in 11 regions where the company produces hydrocarbons.

The royalty costs will be distributed among regions as follows:

  • ● Kharkiv region – UAH 336.9 million
  • ● Poltava region – UAH 292.21 million
  • ● Lviv region – UAH 31.8 million
  • ● Dnipropetrovsk region – UAH 18.38 million
  • ● Other regions – UAH 14.62 million

You can find detailed information on royalty charges by district and locality at the link.

As a reminder, the amount of royalty is calculated based on the price at which Ukrgasvydobuvannya sells gas to Naftogaz of Ukraine NJSC.