{"id":635800,"date":"2017-12-13T04:08:47","date_gmt":"2017-12-13T04:08:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/"},"modified":"2017-12-13T04:08:47","modified_gmt":"2017-12-13T04:08:47","slug":"naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/","title":{"rendered":"Naftogaz\u2019 Egypt operations see profits this year for the first time since 2007"},"content":{"rendered":"

Ukraine\u2019s Naftogaz reported that its oil and gas operations have seen a profit for the first time since 2007. \u201cThis year we've received a net cash surplus of USD 5 mn. Prior to that, our losses were estimated at USD 20-30 mn every year,\" Naftogaz Chief Commercial Officer Yuriy Vitrenko, according to UNIAN<\/a>. The announcement comes just as the company looks into selling its assets in Egypt. The company hired France\u2019s Lazard to advise on the possible sale of Egypt assets back in August<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ukraine\u2019s Naftogaz reported that its oil and gas operations have seen a profit for the first time since 2007. \u201cThis year we've received a net cash surplus of USD 5 mn. Prior to that, our losses were estimated at USD 20-30 mn every year,\" Naftogaz Chief Commercial Officer Yuriy Vitrenko, according to UNIAN. The announcement […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635800","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e710994b-10bb-4326-a752-38ad4814ef59","order":"0","is_powered_by":true,"section_story_id":"4c3ea64c-6b62-4bcd-a77e-900a3459674b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635771],"teaser":"","voice_url":""},"yoast_head":"\nNaftogaz\u2019 Egypt operations see profits this year for the first time since 2007 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naftogaz\u2019 Egypt operations see profits this year for the first time since 2007\" \/>\n<meta property=\"og:description\" content=\"Ukraine\u2019s Naftogaz reported that its oil and gas operations have seen a profit for the first time since 2007. \u201cThis year we've received a net cash surplus of USD 5 mn. Prior to that, our losses were estimated at USD 20-30 mn every year," Naftogaz Chief Commercial Officer Yuriy Vitrenko, according to UNIAN. The announcement […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-13T04:08:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Naftogaz\u2019 Egypt operations see profits this year for the first time since 2007\",\"datePublished\":\"2017-12-13T04:08:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/naftogaz-egypt-operations-see-profits-this-year-for-the-first-time-since-2007\/\",\"name\":\"Naftogaz\u2019 Egypt operations see profits this year for the first time since 2007 - 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Naftogaz \u201cintends to attract an investment and banking advisor who will assess how much the company can receive from sale of its assets in Egypt,\u201d Commercial Director Yuriy Vitrenko said, according to Interfax. \u201cHe said if the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642641,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/ukraines-naftogaz-taps-frances-lazard-to-advise-on-possible-sale-of-egypt-assets\/","url_meta":{"origin":635800,"position":1},"title":"Ukraine\u2019s Naftogaz taps France\u2019s Lazard to advise on possible sale of Egypt assets","author":"enterpriseam admin","date":"20 August 2017","format":false,"excerpt":"M&A WATCH- Ukraine\u2019s Naftogaz taps France\u2019s Lazard to advise on potential sale of Egypt assets: The Ukraine\u2019s Naftogaz has contracted France\u2019s Lazard Freres to advise on the potential sale of its Egyptian assets, Naftogaz announced on Saturday, according to Ukrainian news agency Interfax. Lazard had been the only bidder for\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646699,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/is-ukraines-naftogaz-struggling-to-find-investment-banker-to-help-it-exit-egypt\/","url_meta":{"origin":635800,"position":2},"title":"Is Ukraine\u2019s Naftogaz struggling to find investment banker to help it exit Egypt?","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"Oh, for want of an investment banker: Naftogaz Ukrainy is reportedly having a tough time divesting its Egyptian assets after canceling \u201cthe second tender to provide investment banking services related to Naftogaz upstream assets in Egypt and search for potential buyers\u201d as only one bid was submitted, Russia\u2019s Interfax says.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575754,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/26\/dana-gas-sells-egypt-assets-to-ipr-energy\/","url_meta":{"origin":635800,"position":3},"title":"Dana Gas sells Egypt assets to IPR Energy","author":"enterpriseam admin","date":"26 October 2020","format":false,"excerpt":"M&A WATCH- Struggling producer Dana Gas offloads Egypt assets to IPR Energy: Dana Gas has agreed to sell most of its Egypt assets to IPR Wastani Petroleum for as much as USD 236 mn, allowing the company to double down on its operations in Iraqi Kurdistan, the company said in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/271.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592933,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/dana-gas-collects-usd-105-mn-from-egypt\/","url_meta":{"origin":635800,"position":4},"title":"Dana Gas collects USD 105 mn from Egypt","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"The UAE\u2019s Dana Gas collected USD 105 mn from its Egypt assets in 9M2019, the company saidin a statement (pdf). 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