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Executive Director Artem Petrenko joined an online discussion on ensuring transparency in the production industry during times of war and post-war recovery in Ukraine.
The event was organized by the Ministry of Energy of Ukraine in collaboration with EITI Ukraine in Ukraine as part of the Open Government Week.
During his speech, Artem Petrenko reiterated that gas producers, which are members of the Association, adhere to international transparency standards and have started reporting on their activities long before the relevant law came into effect.
“Despite the full-scale war, this process has not been halted: companies continue their work and provide all necessary information, following the rules, norms, and principles of openness. However, for security reasons, the state has closed critical data about the energy sector that could be exploited by the enemy and restricted access to several web portals. Undoubtedly, these measures are temporary, and after our Victory, all industry information, as mandated by legislation, will become accessible to the public”, stated the head of the AGPU.
Numbers speak best about the activities of gas producers:
• In January-February 2023, companies paid nearly UAH 8 billion in royalties for hydrocarbon production, of which local budgets in the areas of operation received UAH 416 million.
• In 2022, despite the active phase of the war, the oil and gas production industry contributed UAH 76.9 billion to budgets at all levels, with local communities receiving UAH 3.8 billion.
• Overall, in the last five years, companies paid UAH 237.7 billion in royalties, of which UAH 12.6 billion was directed to gas production regions.
In addition to tax obligations, companies continue to implement local projects in territorial communities, aiding the army and internally displaced persons.