Naftogaz Chief Pledges to Work with International Partners

(Photo: Naftogaz)
(Photo: Naftogaz)

Ukraine's state-run energy firm Naftogaz will continue to cooperate with international partners, new Chief Executive Yuriy Vitrenko said on Friday.

The sacking of the previous Naftogaz head had prompted a warning from Ukraine's Western backers who said integrity and transparency in making such appointments was key to maintaining confidence in the country's commitment to reform.

Vitrenko, a senior Naftogaz official in previous years, said the company needed to return to profit after it reported a loss of $684 million in 2020. The loss was the official reason given for the dismissal of the former CEO.


(Reporting by Pavel Polityuk and Natalia Zinets; Editing by Edmund Blair)

Current News

SubCtech ESS Revolutionizes Onshore, Offshore Power

SubCtech ESS Revolutionizes On

ScottishPower's Monopile Installation Sets Foundation for Record-Breaking Offshore Windfarm

ScottishPower's Monopile Insta

Van Oord Expands its Trencher Fleet

Van Oord Expands its Trencher

SLB Misses Profit Estimates for First Quarter of 2025

SLB Misses Profit Estimates fo

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine