Naftogaz of Ukraine NJSC

Ukrainenaftogaz.com

Naftogaz of Ukraine NJSC (Naftogaz Group) is Ukraine’s state-owned energy holding focused on natural gas and oil. The group’s core activities include exploration and production of natural gas and condensate, marketing and supply to households, businesses, and public utilities, natural gas trading in European markets, and operation of underground gas storage through its subsidiaries.

Naftogaz develops domestic hydrocarbon resources (notably via Ukrgasvydobuvannya) and manages one of Europe’s largest underground gas storage systems, supporting seasonal balancing and cross‑border flexibility for regional energy markets. Following Ukraine’s gas market reforms, operation of the national gas transmission system has been unbundled to an independent TSO, while Naftogaz concentrates on upstream production, storage, import diversification, and customer supply. The group also handles associated liquids such as LPG and condensate. Naftogaz plays a central role in Ukraine’s energy security and integration with European supply chains, including sourcing gas via interconnections and regasification capacity in EU terminals.

Latest news on Naftogaz Group

30 September 2026
Naftogaz adopts decarbonisation strategy with EIB support

Adopts decarbonisation plan aiming for net-zero operations by 2050, focusing on methane cuts, efficiency, renewables and storage — developed with EIB-funded technical assistance and backed by recent EIB financing.

21 September 2026
ORLEN and Naftogaz expand LNG and fuels cooperation

Two MOUs explore three LNG cargoes for Q1 2027, petroleum-product supplies via Ukrnafta, crude processing in Central Europe, and potential transfer of fuel tanker trucks.

6 August 2026
ORLEN Group posts record Q2 2026 profits and PLN 14.7bn H1 capex

Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.

25 June 2026
ORLEN and Naftogaz sign two MoUs to expand LNG cooperation and sustainability support

Two MoUs to expand LNG trading, shared use of regasification and transmission infrastructure across the Baltic/CEE, plus exchange on sustainability, decarbonisation, green finance and ESG.

17 February 2026
ORLEN's Largest Investment Program

PLN 380 billion will modernize Poland's energy system, focusing on gas security, renewables, and grid expansion, ensuring secure, affordable energy.

21 November 2025
ORLEN and Naftogaz Sign US Gas Supply Deal

300 million cubic metres of US LNG will be supplied to Ukraine in Q1 2026, enhancing energy security and market positions.

20 November 2025
ORLEN Group Reports Record Q3 2025 Profit and Investment

ORLEN's Q3 2025 saw high investment in energy security, record dividends, and growth in renewable capacity, with strong performance across all segments despite challenging conditions.

7 November 2025
ORLEN to Deliver US LNG to Ukraine in 2026 Agreement

Agreement signed for 300 million cubic meters of US LNG to Ukraine by 2026, enhancing regional energy security and cooperation.