Skip to content
Sunday 19 July 2026EN · DE
City PM

European business, markets and politics

  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Tuesday 20 December 2022 1:42 pm

Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz

By: Nicholas Earl

Add as a preferred source on Google

Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant .

There have not been any reported casualties, with emergency services now grappling with fires at the site.

Oleksiy Chernyshov, chief executive of state-run Naftogaz, said the damage would be assessed after emergency services finished their work, and that everything that had been damaged would be restored.

The company said in a statement: “Enemy missiles hit one of the facilities in the Kharkiv region. A large-scale fire broke out at the site, its elimination is currently underway. There are no casualties.”

Earlier this month, the energy boss revealed that Russian attacks on Ukraine had damaged 350 natural gas facilities in the country – though production should be largely restored by the end of the year.

He predicted at the time that the loss of gas production capacity amounted to a value of around $700m.

Production of gas that is critical for heating is chiefly concentrated in eastern Ukraine, home to some of the heaviest fighting since Russia invaded in February.

Earlier this winter, Naftogaz told City PM it still fears a shortfall of 1-3bn cubic meters of gas, which could lead to a domestic supply crunch.

While this is less than the 5.8bn cubic meter deficit it was forecasting in June, Ukraine is continuing to suffer from its lack of purchasing power.

Media adviser Svitlana Zalishchuk argued that Ukraine simply cannot afford to pay market rates for oil and gas, and that it would not be possible to raise bills on consumers – with the United Nations forecasting as many as 16m people have either been displaced or are in need of humanitarian support.

Zalishchuk called on international financial institutions such as the European Investment Bank to help support Ukraine’s needs, alongside grants from countries such as France, Germany, and the US.

She said: “We need not only loans that Naftogaz can use to import gas, but we need direct international financial support that can help Ukrainians, especially those most vulnerable, survive through the winter.”

Read more

British forces intercept Russian shadow fleet in Channel

The five warships will be built at BAE's flagship facility in Glasgow

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Energy

Trending Articles

  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • Octopus tells Burnham to ‘cut bills’ with £189 energy plan

  • Burnham set for crunch decision on JP Morgan’s £10bn tower

  • Motsepe backed to succeed Fifa’s Infantino by South African minister

More from City PM

  • British forces intercept Russian shadow fleet in Channel

    Politics
    The five warships will be built at BAE's flagship facility in Glasgow
  • Nestle launches probe over ties to sanctioned Russian propaganda channel

    Regulation
    Nestlé's brands include KitKat chocolate, Häagen-Dazs ice-cream and Nespresso.
  • Reeves warned Iran war oil shock will lead to government borrowing spike

    Economics
    Rachel Reeves speaking at an IOD event.
  • Burnham to approve North Sea oil and gas drilling in policy blitz

    Politics
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • Russians are poised to compete at the LA 2028 Games as IOC lifts ban

    Sport Business
    Getty Images logo displayed on a computer screen in a dimly lit room, emphasizing its prominence in digital media.
  • Procter & Gamble axes relationship with Kremlin propaganda channel

    Retail
    007 PG news article image featuring a business meeting with executives discussing strategy at a modern conference table
  • Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

    Energy
    UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.
  • Brentford in talks to host Shakhtar Donetsk Champions League fixtures

    Sport Business
    Breaking news update with diverse business professionals discussing market trends in a modern conference room setting

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook