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The State Property Fund (SPF) of Ukraine and the Polish oil and gas company PGNiG, in the presence of Heads of State Volodymyr Zelenskyy and Andrzej Duda, signed a confidentiality agreement in Kiev. It will allow the investor to obtain wide access to information on the objects of the privatization, reports Interfax-Ukraine.
The head of the Ukrainian fund, Dmitry Sennichenko, stressed that the agreement with a large European company will serve as a signal to other investors that the conditions for privatization in the republic are transparent. According to him, privatization itself “significantly expands Ukraine’s investment menu.”
An electricity market source says PGNiG is interested in buying state companies such as CHP and Oblenergo. The SPF filing states that the authorities are willing to sell 70 percent of Khmelnitskoblenergo and Nikolaevoblenergo, 65 percent of Kharkovoblenergo, 60.25 percent of Zaporozhyeoblenergo and 50.99 percent of Ternopiloblenergo.
The status regarding the CHPP is yet to be determined. They are also claimed by Naftogaz Ukrainy, which in June proposed to the SPF to transfer six stations to its ownership and management. The fund chooses between this option, sale or transfer to local communities. At the same time, the Antimonopoly Committee of Ukraine does not oppose Naftogaz receiving the CHPP.
It was previously learned that PGNiG began deliveries of natural gas to Ukraine on October 1 under the agreement with Energy Resources of Ukraine. This contract was the first in the framework of cooperation between the “Ukrainian GTS Operator”, separate from “Naftogaz”, and a Polish company.
