Ukrnafta pays UAH 5.9 billion in rent payments
Ukrnafta pays UAH 5.9 billion in rent payments

For 10 months of 2019 PJSC Ukrnafta paid UAH 5.91 bln in rent to the state and local budgets of all levels. According to the rent sharing mechanism, enshrined in law, the oblasts, raions and local communities’ budgets receivedUAH 295.7 mln.

For October 2019, Ukrnafta paid UAH 524.4 mln in rent to the budgets of all levels, including UAH 26.2 mln to the local budgets.

In 2019, the biggest recipients of rent revenues from Ukrnafta were the budgets of Sumy (126.2 million), Ivano-Frankivsk (UAH 65.1 million) and Poltava (UAH 46.4 million) regions. The amount of rent to the local budgets depends on the volume of hydrocarbons production in the region. The communities usually fund local infrastructure and social projects with rent revenues.

5% of rent revenues to budgets of oblasts, raions and local communities, mln UAH

 

For October 2019

For 2019

Sumy oblast

11.2

126.2

Ivano-Frankivsk oblast

5.9

65.1

Poltava oblast

3.9

46.4

Chernihiv oblast

2.6

29.3

Lviv oblast

2.2

23.9

Kharkiv oblast

0.4

4.0

Dnipropetrovsk oblast

0.06

0.7

Chernivtsi oblast

0.01

0.1

Total

26.2

295.7