National Joint-Stock Company Naftogaz of Ukraine says it received Hr 19 billion (US$684.2 million) in losses in 2020 against Hr 2.6 billion (US$93.6 million) in net profit in 2019.
UNIAN: Naftogaz posts over $684 million in losses in 2020
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.
