March 29, 2017 3:03 AM ET

Gas Utilities

Company Overview of Ukrtransgas AC

Company Overview

Ukrtransgas AC is a gas transmission company. Its services include natural gas transmission via trunk gas pipelines; storage of natural gas in underground storage facilities; supplying natural gas to consumers; operation, reconstruction, and servicing of gas mains and associated facilities; capital construction of gas pipelines and other facilities; and production of compressed natural gas and filling vehicles with it at gas-filling compressor stations. The company also exports gas to European countries. Ukrtransgas AC is based in Kiev, Ukraine. Ukrtransgas AC operates as a subsidiary of NJSC Naftogaz of Ukraine.

9/1, Klovskiy Uzviz Street

Kiev,  01021

Ukraine

Phone:

380 44 461 2095

Fax:

380 44 461 2095

Key Executives for Ukrtransgas AC

Interim Chief Executive Officer and Director
Chairman and President
Director General and Director
Compensation as of Fiscal Year 2016.

Ukrtransgas AC Key Developments

Ukrtransgaz Reports Revenue Results for the Year 2016

Ukrtransgaz reported revenue results for the year 2016. For the period, the company reported revenue 52.4% to UAH 38.4 billion in 2016.

Gaz-System and Ukrtransgaz Sign Agreement on Rules of Cooperation Concerning Design and Construction of a New Pipeline

Gaz-System and Ukrtransgaz have signed an agreement on rules of cooperation concerning design and construction of a new pipeline, which would be built by 2020 and enable transfer of up to 5 billion cubic metres of gas per year. The document also provides the basis for an open season procedure which would verify the commercial and business justification for expansion of the gas transfer system, especially with regard to demand for gas transport to Ukraine. The result of the open season procedure will provide the basis for the final decision on construction of the pipeline. Gaz-System explains that the intended project is important to Poland in the light of the planned expansion of gas transport infrastructure between the so-called Northern Gate and Eastern Europe. It would also help diversify supplies to Ukraine and contribute to integration of the gas market in the region and reinforcement of solidarity on the market. It is expected that the investment will improve the attractiveness of the region to potential participants in the gas market. An application was made to recognise the project as a Project of Mutual Interest.

ENGIE Signs an Agreement with UkrTransGaz on Gas Transmission and Storage

ENGIE has cemented its commitment to the Ukrainian energy market by announcing the creation of a subsidiary in the country and by signing an agreement with UkrTransGaz on gas transmission and storage. ENGIE signed an agreement with UkrTransGaz allowing ENGIE to reserve transport and gas storage capacities in Ukraine, starting this winter.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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