Economics

Chernyshov told how “Naftogaz” gets out of default

The company has already started the debt restructuring process.

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In the summer of 2022, “Naftogaz” did not settle with investors for Eurobonds, < strong>which led to the default. How the company gets out of it, its chairman Oleksiy Chernyshov told in an interview NV .

“We have already started the debt restructuring process. For this, the international consulting company Lazard Frères SAS was involved. I also personally negotiate with most of the big investors. We are actively working to complete the restructuring and get out of default,” said Chernyshov.

Among other steps to restore trust in the company, according to Chernyshov, is the election of the Naftogaz supervisory board.

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“For international partners, markers of transparency are the work of the supervisory board, the restructuring of Eurobonds, an increase in own gas production and, in general, the stable work of Naftogaz. We are working on all this,” the official assured. span style=”font-weight: 400;”>Regarding the return of people's trust, Chernyshov notes that the main thing for this is for people to have gas and heat at home.

“We provide it for almost all consumers despite war, constant shelling and infrastructure damage. The heating season will end in a few weeks. I think we have coped with this task,” the official emphasized.

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According to Chernyshov, this year < strong>“Naftogaz” plans to increase gas production in Ukraine.

Source: ZN

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