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Oleksiy Chernyshov appointed as new CEO of Naftogaz

The Cabinet of Ministers of Ukraine appointed Oleksiy Chernyshov, former Minister for communities and territories development, as the new Chairman of the Board of Naftogaz, Ukraine’s national oil and gas company.

He is replacing former CEO, Yuriy Vitrenko who had been holding the post since April 2021. The Prime Minister of Ukraine, Denys Shmyhal presented the new Naftogaz Chairman Oleksiy Chernyshov on 4 November highlighting the important role of Naftogaz in Ukraine’s gas supply despite the extremely difficult conditions caused by the Russian invasion.

Introducing the new head of the company, Shmyhal emphasised his extensive professional experience and expressed confidence that the development of Naftogaz will gain new momentum under Chernyshov’s leadership.

The Prime Minister identified a number of key priorities including stable passage of the heating season, the accumulation of gas in storage facilities, addressing financing issues, ensuring the operation of thermal power plants and increasing domestic gas production.

The new head of Naftogaz expressed his readiness to address current priorities including ensuring energy stability and independence, increasing trust in Naftogaz on the part of the state, international partners, creditors and investors and securing sustainable passage of the current heating season.

Prior to his appointment as the CEO of Naftogaz, Oleksiy Chernyshov served as the Minister for Communities and Territories Development since March 2020. Before that, since October 2019, he headed the Kyiv Regional State Administration. He was engaged in the investment and development business, his business interests included commercial real estate. He has degrees in law and economics.

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