A decision of the Cabinet of Ministers of Ukraine to assume control
over Ukrainian NJSC Naftogaz Ukraine is aimed to accelerate the process of
unbundling and reforming the management system. This was stated by Prime
Minister of Ukraine Volodymyr Groysman on opening a Government’s meeting on
"This issue once again drew [attention] to the fact
that the system of Naftogaz should be retrofitted, that we should create full,
public, transparent companies, that we must improve the system of management,
corporatisation of these enterprises. So, the process of controlling by the
Cabinet of Ministers will speed up the procedure of unbundling functions,
respectively, gas transmission and storage, as well as gas production in order
to build an efficient system", said Volodymyr Groysman.
that at its session on Thursday the Government would adopt a decision to
transfer the management functions of NJSC Naftogaz of Ukraine from the
Ministry of Economic Development and Trade of Ukraine to the Cabinet of
Ministers of Ukraine.
Minister reminded that the previous week the Ministry of Economic Development
and Trade within the scope of responsibilities had taken a technical decision
to control Ukrtransgas and Naftogaz.
with the international partners, in particular the World Bank and the
European Bank for Reconstruction and Development, there has been established
a joint working group to develop a plan to increase efficiency of management
of the Naftogaz company, said the Head of Government.