"Naftogaz of Ukraine" has selected Ernst & Young to assess the value of its assets
National Joint Stock Company (NAC) "Naftogaz of Ukraine" LLC has selected "Ernst & Young" (Kyiv) to determine the fair value of its fixed assets, licenses for subsoil use and oil and gas investment in the joint venture and construction in progress subsidiaries and agricultural companies, which belongs to the state holding at least 51%.
According to the NAC's web-portal "Public procurement" cost of acceptance August 15 offer was 14.8 million UAH (including VAT). Assessment must be made within 220 days or until May 2015 when the contract until 15 September 2014.
"Naftogaz Ukraine" brings together the largest oil and gas companies in the region has a monopoly on the transit and storage of natural gas in underground storage, and transportation of oil by pipelines through Ukraine.
August 18, 2014