Ukrgasvydobuvannya transfers UAH 628M of rent payments to local budgets

JSC Ukrgasvydobuvannya transferred more than UAH 628 million of rent payments to local budgets in January-October 2020, the company’s press service reported.

“In January-October 2020, JSC Ukrgasvydobuvannya directed UAH 628.2 million of rent payments to local budgets in regions where the company produces hydrocarbons,” reads the report.

About 90% of these funds are concentrated in two gas-producing regions - Kharkiv and Poltava regions.

The company reported that that the consolidated budget of Ukraine will receive more than UAH 12.6 billion of rent payments from Ukrgasvydobuvannya for 10 months of 2020.

The amount of rent payments is calculated in accordance with the selling price of natural gas of JSC Ukrgasvydobuvannya in favor of NJSC Naftogaz of Ukraine.

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