Ukrnafta

Ukrnafta is a Ukrainian oil and natural gas extracting company, the largest producer of oil and gas in the country. Ukrnafta is also an operator of a gas filling station network in Ukraine nationwide.
In 2006, the company conducted some 91% of oil, 27% of natural-gas condensate and 17% of gas extraction in the country. As of 2018, the company produced around 1.5 million tonnes of oil and 1.1 billion m3 of natural gas.
Background.
The company was established in 1994 through privatization of the "Ukrnafta producing association" state enterprise that existed since 1945. Its initial predecessor was Ukrnaftcombinat. Ukrnafta is a Ukrainian portmanteau word that is a combination of the words for "Ukrainian" and "oil".
Just over 50% plus one share of the company is owned by the state company Naftogaz Ukrainy, 42% of the company belongs to the Privat Group based in Dnipro. Together with Chornomornaftogaz and Ukragazproduction they are the only state companies involved in extraction and refining of gas and oil.
After the appointment of Mark Rollins (ex BP and BG Gas) as CEO in 2015 the company is widely considered as having transformed itself into a leading model of corporate governance in the new economy of Ukraine.
Structure.
Ukrnafta Public Joint Stock Company operates as a single production and economic complex.
The Company consists of:
Gas filling stations.
The company has one of the biggest networks of gas filling stations owning 537 stations on 31 December 2014.
There 28 regional administrations to provide more efficient management of the stations.
Educational centers.
The main educational institutions and centers where training was conducted are:
On the management of PJSC "Ukrnafta" there are four children's health camps and sanatoriums in different regions of Ukraine. There is a medical unit with a hospital in Dolyna, where oil workers and members of their families are treated.
Supervisory board.
This is the schematic composition of the directive table of the company:
Other areas.
The company distributes its oil products through some 531 petrol stations.