Ukrgasvydobuvannya allocated UAH 1.12 billion of rent payments to local budgets during 11 months of 2018

Dec 19, 2018 | Category: Official
Ukrgasvydobuvannya allocated UAH 1.12 billion of rent payments to local budgets during 11 months of 2018

In January-November 2018, JSC Ukrgasvydobuvannya allocated UAH 1.118 billion of rent payments to the local budgets, in the territory of which the Company carries out hydrocarbon production.

5% of rent payments for November 2018, which is more than UAH 126.2 million, were transferred to different budgets in 11 regions.

Most of these monetary funds are concentrated in two gas production regions: Kharkiv and Poltava.

Local budgets of different levels in Kharkiv Region received UAH 64.6 million, in Poltava Region – UAH 51.7 million, in Lviv Region – UAH 4.3 million and in Dnipropetrovsk Region – UAH 3.4 million.

The remaining amount of UAH 2.3 million of rent payments for November 2018 was transferred to Ivano-Frankivsk, Luhansk, Sumy, Volyn, Chernivtsi, Zakarpattia and Donetsk Regions.

In total, the local budgets of different levels will receive for 11 months:

  • - Kharkiv Region – UAH 570.7 million
  • - Poltava Region – UAH 457.5 million
  • - Lviv Region – UAH 35.8 million
  • - Dnipropetrovsk Region – UAH 33.3 million
  • - Others – UAH 21 million

Ukrgasvydobuvannya looks forward to expanding cooperation with regional and local authorities in gas production increase, which will lead to increase in local budget revenues and community well-being.