# Naftogaz

> Ukrainian energy company

**Wikidata**: [Q728513](https://www.wikidata.org/wiki/Q728513)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Naftogaz)  
**Source**: https://4ort.xyz/entity/naftogaz

## Summary
Naftogaz is a Ukrainian energy company that operates in the petroleum and gas industries. Founded in 1991, it is headquartered in Kyiv and is owned by the Ukrainian government. The company is involved in the extraction, processing, and distribution of oil and gas, with subsidiaries such as Ukrtransgaz and UkrGasVydobuvannya playing key roles in its operations.

## Key Facts
- Naftogaz is a Ukrainian energy company specializing in petroleum and gas activities.
- The company was founded in 1991 and is headquartered in Kyiv.
- It is owned by the Ukrainian government and operates under the Cabinet of Ministers of Ukraine.
- Naftogaz has subsidiaries including Ukrtransgaz and UkrGasVydobuvannya, both established in 1998.
- The company is affiliated with Ukrainian businessperson Andriy Kobolyev.
- Naftogaz operates in collaboration with other Ukrainian energy entities such as Ukrnafta and Chornomornaftogaz.
- The company has approximately 100,000 employees.
- Naftogaz is involved in the handling of petroleum and gas, which are fundamental states of matter in the energy sector.

## FAQs
**What industries does Naftogaz operate in?**
Naftogaz operates in the petroleum industry, focusing on the extraction, processing, and distribution of oil and gas.

**Who owns Naftogaz?**
Naftogaz is owned by the Ukrainian government and operates under the Cabinet of Ministers of Ukraine.

**What are the key subsidiaries of Naftogaz?**
Naftogaz has two major subsidiaries: Ukrtransgaz, an independent Storage System Operator, and UkrGasVydobuvannya, a Ukrainian gas company.

**Where is Naftogaz headquartered?**
Naftogaz is headquartered in Kyiv, the capital and largest city of Ukraine.

**Who are the key people associated with Naftogaz?**
Naftogaz is affiliated with Ukrainian businessperson Andriy Kobolyev and operates under the executive branch of Ukraine, the Cabinet of Ministers.

## Why It Matters
Naftogaz plays a crucial role in Ukraine's energy sector by managing the extraction, processing, and distribution of petroleum and gas. As a state-owned enterprise, it supports the country's economic stability and energy independence. The company's operations are integral to Ukraine's infrastructure, ensuring the supply of essential energy resources. Its subsidiaries, such as Ukrtransgaz and UkrGasVydobuvannya, further enhance its capacity to manage gas storage and extraction, respectively. By maintaining a strong presence in the energy market, Naftogaz contributes significantly to Ukraine's economic development and national security.

## Notable For
- Being a state-owned Ukrainian energy company with a focus on petroleum and gas industries.
- Operating key subsidiaries like Ukrtransgaz and UkrGasVydobuvannya, which are critical to gas storage and extraction.
- Employing approximately 100,000 people, making it a significant employer in Ukraine.
- Collaborating with other major Ukrainian energy entities such as Ukrnafta and Chornomornaftogaz.
- Being affiliated with prominent Ukrainian businessperson Andriy Kobolyev.

## Body
### Overview
Naftogaz is a Ukrainian energy company that specializes in petroleum and gas activities. Founded in 1991, the company is headquartered in Kyiv and is owned by the Ukrainian government. It operates under the Cabinet of Ministers of Ukraine, ensuring its alignment with national energy policies.

### Operations and Subsidiaries
Naftogaz has two major subsidiaries:
- **Ukrtransgaz**, established in 1998, serves as an independent Storage System Operator for Ukraine.
- **UkrGasVydobuvannya**, also founded in 1998, is a Ukrainian gas company responsible for gas extraction.

Additionally, Naftogaz collaborates with other Ukrainian energy entities, including:
- **Ukrnafta**, an oil extracting company established in 2004.
- **Chornomornaftogaz**, a company with natural gas fields in the Black Sea, founded in 1978.

### Key People and Affiliations
Naftogaz is affiliated with Ukrainian businessperson Andriy Kobolyev, who holds significant influence in the energy sector. The company operates under the executive branch of Ukraine, the Cabinet of Ministers, which was established in 1991.

### Industry and Impact
Naftogaz operates in the petroleum industry, which involves the handling of petroleum and gas. These resources are fundamental to the energy sector, playing a critical role in power generation and industrial processes. The company's operations support Ukraine's economic stability and energy independence, making it a vital player in the country's infrastructure.

### Employment and Significance
With approximately 100,000 employees, Naftogaz is a significant employer in Ukraine. Its operations contribute to the country's economic development and national security by ensuring the reliable supply of energy resources. The company's subsidiaries and collaborations further enhance its capacity to manage and distribute petroleum and gas across Ukraine.

## References

1. [Source](https://www.lobbyfacts.eu/datacard/naftogaz-of-ukraine?rid=769349815543-90)
2. Virtual International Authority File
3. Freebase Data Dumps. 2013
4. [Number of Naftogaz employees to double by year end due to integration of other enterprises](https://interfax.com.ua/news/economic/947279.html)
5. BBC Things
6. GRID Release 2018-11-14
7. [Source](https://www.naftogaz.com/management/executive-board-and-remuneration)
8. [Source](https://golden.com/wiki/Naftogaz-3RDYPK)
9. YouTube API