Naftogaz Has a New CEO Following Koretsky's Resignation
The Supervisory Board of NJSC “Naftogaz of Ukraine” has appointed Serhiy Fedorenko as interim acting chairman of the company’s management board. The decision was made on July 17 following the end of the term of the previous chairman, Oleksiy Koretskyi.
According to the head of state, he held a meeting with the new Prime Minister, Serhiy Koretskyi.
Zelenskyy reminded the head of the Cabinet of Ministers that preparing for the heating season is currently a critical priority.
“In particular, Serhiy reported that Naftogaz’s independent supervisory board had unanimously appointed Serhiy Fedorenko, a professional with extensive experience, to lead the company for a specified period: he was involved in the transformation of “Ukrnafta” alongside Serhiy Koretskyi,” the president emphasized.
According to Zelenskyy, they share the experience of successfully purging all of the company’s internal processes of predatory oligarchic influence. The head of state noted that thanks to this, “Ukrnafta” has become one of the most profitable state-owned companies. Against this backdrop, Zelenskyy added that work to restore the energy infrastructure following Russian attacks continues unabated.
“Today, the Russians attacked Naftogaz facilities again—unfortunately, there is significant damage. We discussed with the Prime Minister what steps are needed under these circumstances, and it is important that, despite the constant Russian attacks, we implement everything we agreed upon to prepare for winter,” the head of state concluded.
He will lead Naftogaz as acting CEO until the competitive selection process is completed and a new CEO is appointed.
Overall, Fedorenko has more than 10 years of experience in the oil and gas industry.
Prior to his appointment as commercial director of Naftogaz, he held a similar position at Ukrnafta. There, he was responsible for:
- the purchase and sale of petroleum products;
- supply logistics;
- gas and electricity trading;
- managing and developing the network of gas stations.
Previously, from 2015 to 2023, Fedorenko served as Director of Commercial Affairs at JSC “Ukrgazvydobuvannya,” where he was also a member of the board of directors. In addition, from 2019 to 2022, he headed the company “Naftogaz Oil Trading.”
Source: Volodymyr Zelenskyy
On July 16, parliament endorsed the nomination of Ukrainian President Volodymyr Zelenskyy and appointed Serhiy Koretskyi as the new Prime Minister of Ukraine. Following this, the Verkhovna Rada approved the new composition of the government, which has already begun carrying out its duties. The first meeting of the Cabinet of Ministers marked the start of the new government’s work. In the near future, ministers are to begin carrying out their assigned tasks, primarily in the areas of economic stability, national security, and preparations for the heating season. The head of the Cabinet announced this after the meeting concluded.
President Volodymyr Zelenskyy stated that he will soon discuss the modernization of Ukraine’s diplomatic missions abroad with the head of the Main Intelligence Directorate, Kyrylo Budanov, and the diplomatic team. According to him, embassies must operate much more effectively.
