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Naftogaz fiasco risks undermining Ukraine - Atlantic Council


Naftogaz fiasco risks undermining Ukraine
UkraineAlert
by
Alan Riley and Suriya Jayanti
The Ukrainian government has sparked controversy by suspending the Naftogaz Supervisory Board in order to dismiss CEO Andriy Kobolyev. (REUTERS/Valentyn Ogirenko)
The sacking of Andriy Kobolyev as Naftogaz CEO on April 28 is not just another Kyiv squabble. In order to remove Kobolyev, Prime Minister Shmyhal suspended the Naftogaz Supervisory Board for two days. By doing so, he rode roughshod over Naftogaz’s corporate governance system and the commitments Kyiv had entered into with the international community.
The consequences of this decision are far worse than just a grievous breach of corporate governance rules. By his actions, Ukraine’s Prime Minister has set off a train of events that are likely to severely damage Naftogaz. These developments could undermine Naftogaz’s status as the country’s largest taxpayer, while also thre ....

Black Sea , Oceans General , Yuriy Vitrenko , Suriya Evans Pritchard Jayanti , Walter Boltz , Andriy Kobolyev , Yuri Vitrenko , Galan Riley , Valentyn Ogirenko , Atlantic Council , Eurasia Center , Us Embassy In Kyiv , Naftogaz Supervisory Board , Prime Minister Shmyhal , Prime Minister , Maidan Revolution , Supervisory Board , Minister Shmyhal , Nord Stream , Central Asian , Gas Transmission System Operator , Main Gas Pipelines , Energy Minister , Senior Fellow , Energy Chief , Eastern Europe ,

Energoatom And Ukrhydroenergo Transferred To Cabinet's Management


Energoatom And Ukrhydroenergo Transferred To Cabinet’s Management
Даша Зубкова
The Energoatom national nuclear energy generating company and the Ukrhydroenergo state energy generating company were transferred to the management of the Cabinet of Ministers.
This is indicated in the statement of Prime Minister Denys Shmyhal in his Telegram channel, Ukrainian News Agency reports.
On behalf of the President of Ukraine, the management of Energoatom, Ukrhydroenergo, the Nyzhniodnistrovska hydroelectric power plant (HPP) and three combined heat and power plants (CHPPs) is transferred directly to the Cabinet of Ministers, Shmyhal wrote.
He stressed that this decision concerns the implementation of the Third Energy Package of the European Union in terms of delimiting transmission system operators, producers and suppliers of electricity. ....

Denys Shmyhal , Ukrainian News Agency , Third Energy Package Of The European Union , Ministry Of The Development Economy , Ministry Of Energy , Prime Minister Denys Shmyhal , Third Energy Package , European Union , Main Gas Pipelines , மூன்றாவது ஆற்றல் ப்யாகேஜ் ஆஃப் தி ஐரோப்பிய தொழிற்சங்கம் , அமைச்சகம் ஆஃப் தி வளர்ச்சி பொருளாதாரம் , அமைச்சகம் ஆஃப் ஆற்றல் , மூன்றாவது ஆற்றல் ப்யாகேஜ் , ஐரோப்பிய தொழிற்சங்கம் , பிரதான வாயு குழாய்வழிகள் ,