Naftogaz held consultations with investors on preparations for partial privatization

Source : 112 Ukraine

Success will depend on creating value for end user through amenities and energy efficiency
21:55, 17 February 2020

Naftogaz-Ukraine last week held consultations with investment banks and potential investors on the prospects for the group to enter an IPO (initial public offering), receiving positive feedback. The head of the NAC Andriy Kobolev stated this on Facebook page.

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“The success of this process will depend on the ability to demonstrate customer focus. In particular, creating value for the end consumer through amenities (digitalization) and consumption management (energy efficiency),” - Kobolev wrote.

“Of the pleasant things, the Naftogaz team is positively perceived by the market, because we keep our promises and observe the declared values. And such things are inspiring,” - he added

As we reported before, Royal Dutch Shell PLC was presented as an international partner of the state-owned JSC Ukrgasvydobuvannya in a presentation accompanied by the report made by Andrii Favorov, Naftogaz-Ukraine's Director of Integrated Business, at the press conference "Own gas: Results and Prospects"

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However, the debit was very low. Based on the results of the exploration, Shell and JSC Ukrgasvydobuvannya agreed that further activity within the project was not economically feasible.


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