Naftogaz of Ukraine started supplying the natural gas to Ukraine through the subsidiary Swiss company Naftogaz Trading Europe S.A, OilNews reports.
In mid-July, Naftogaz received about 7 mln cubic meters of gas on Ukraine’s border from Naftogaz Trading Europe.
In July, after the three-month interval, Naftogaz renewed the gas purchase from Shell Energy Europe Limited (Great Britain). In July, after a half-year interval, Naftogaz started purchasing again from Eni Trading@Shipping (Italy).
As it was previously reported, Naftogaz of Ukraine concluded the framework agreement fo supply natural gas, the tentative cost of which will amount to UAH 148.8 bln (about 5.7 bln dollars).
As Chairman of Naftogaz Andrei Kobolev said, the attraction of loans from western commercial banks against security of natural gas, preserved in Ukrainian underground natural gas, will be one of the tasks of Naftogaz Trading Europe.
In late June, Naftogaz increased capital of this company by 8.3 mln dollars.
Naftogaz Trading Europe S.A. is 100% subsidiary company of Naftogaz of Ukraine NJSC and registered in Geneva (Switzerland). The company was created based on Naftogaz Overseas S.A. in August 2016.
Irina Mykhailenko, Yurii Vitrenko and Volodymyr Tomash are its directors.
Naftogaz Overseas was established in 2012 for trading oil, produced by Naftogaz in Egypt.
