PJSC Ukrtransnafta will pay Naftogaz Ukrainy 1 billion 519.3 million UAH in dividends for 2016, according to the disclosure system of the National Securities and Stock Market Commission.

The decision to pay the entire amount of net profit for the past year in the form of dividends was taken by the shareholder on April 14, 2017.

It was reported that in July 2016 "Ukrtransnafta" transferred to the state budget of Ukraine more than 1 billion UAH dividends on the results of work in 2015.

Recall that Ukrtransnafta, 100% of shares are in the management of Naftogaz, is the operator of the oil transportation system of the country.

The system of the main oil pipelines "Ukrtransnafty" with a diameter of 159 to 1220 mm with a total length of 4.7 thousand. Km passes through the territory of 19 regions of the country.