Naftogaz of Ukraine (Naftogaz UA) is Ukraine’s state‑owned national oil and gas company and one of the key pillars of the country’s energy security, budget revenues, and political leverage in its ongoing confrontation with Russia.

What Naftogaz UA Is

  • Naftogaz is a vertically integrated energy holding that handles gas and oil exploration, production, storage, transport, and supply in Ukraine.
  • It has long been one of Ukraine’s largest taxpayers and a major source of state budget income, which makes its management and governance politically sensitive.

Latest News & 2025–2026 Context

  • After massive Russian attacks on Ukrainian energy infrastructure, Naftogaz has been securing additional gas imports and international financing (including major packages from the EBRD) to cover winter needs in 2025/26 and early 2026.
  • The company is negotiating billions of cubic meters of imported gas (pipeline and LNG, including cargoes via Poland and American LNG deliveries) to compensate for damaged domestic production and low storage levels.

War, Strikes, and Energy Security

  • Russian missile and drone strikes have repeatedly targeted Naftogaz facilities, damaging gas production and infrastructure and forcing temporary shutdowns, which in turn increases import needs and system vulnerability.
  • Naftogaz has publicly appealed to Ukrainians to save gas during peak attack periods, stressing that every cubic meter conserved helps keep the system stable under wartime pressure.

Governance, Scandals, and Criticism

  • Naftogaz has been at the center of high‑profile governance disputes: for example, the 2021 dismissal of CEO Andriy Kobolyev and suspension of the supervisory board sparked warnings that political interference could undermine reforms and scare off investors.
  • Civil society groups and local communities have also accused Naftogaz of environmental and social harm around some production sites, alleging pollution and insufficient government oversight.

Disinformation & “Naftogaz refunds” Fakes

  • Naftogaz’s brand is frequently abused in online scams, including fake announcements of “refunds” for gas transmission or distribution that redirect users to Telegram bots and channels to harvest personal data.
  • Ukrainian fact‑checking initiatives emphasize that Naftogaz does not run mass refund campaigns via random links and urge users to trust only official Naftogaz resources and established media.

TL;DR: Naftogaz UA is the state gas giant at the heart of Ukraine’s wartime energy system, scrambling to replace bombed‑out production with imports and international financing while fending off political interference, environmental criticism, and a wave of online scams using its name.

Information gathered from public forums or data available on the internet and portrayed here.