MainNews -

Ukrnafta appointed asset manager of Glusco

The Cabinet of Ministers also instructed to settle the issue of reimbursement of Naftogaz Oil Trading LLC (U.GO) expenses. 

Ukrnafta appointed asset manager of Glusco
Photo: Naftogaz

Today, on 12 September, the Cabinet of Ministers decided to appoint Ukrnafta as the asset manager of Glusco.

This was announced by Oleksiy Chernyshov, Chairman of the Naftogaz Group.

"The Cabinet of Ministers has also given the task to settle the issue of expenses reimbursement incurred by Naftogaz Oil Trading LLC (U.GO), which was engaged in the restart of Medvedchuk's seized commercial assets," Chernyshov wrote.

He reminded that both Ukrnafta and Naftogaz Oil Trading are part of Naftogaz Group and continue to operate.

The Glusco gas station chain was arrested by the court last May, the reason for this decision being the chain's alleged connection with Russia. Then Glusco was transferred to the management of the ARMA. After that, the Agency, with the approval of the Cabinet of Ministers, appointed Naftogaz Oil Trading as the manager of the seized assets.

Now the company claims to have resumed commercial operations of the filling stations and brought the network to stable operation during massive power outages.

Medvedchuk's former Glusco gas stations, which are managed by Naftogaz Oil Trading, are among the top five in terms of tax payments to the state budget. 

Read LB.ua news on social networks Facebook, Twitter and Telegram