OP-ED

Andriy Boytsun: Naftogaz corporate governance is a national priority for Ukraine

By Andriy Boytsun.

Published July 19, 2021. Updated July 19 at 2:26 am

An employee of state energy company Naftogaz drills for gas at the Zakhidno-Sosnivske gas field on June 24, 2020. Local gas distributor Regional Gas Company has been testing transportation of a mix of hydrogen and natural gas in closed areas of the gas distribution system in five Ukraine’s oblasts since February, but needs money to continue. Companies lack government support to start generating electricity from hydrogen.

Photo by Kostyantyn Chernichkin

In recent months, developments at Ukraine’s national oil and gas company, Naftogaz, have been a source of mounting public concern. The state-owned company underwent a dramatic overnight change in management in April that appeared to undermine Naftogaz’s role as a flagship of corporate governance reform in Ukraine.