Minister of Energy and Mines Yuriy Boyko said that minority shareholders in Ukraine’s largest oil company “Ukrnafta” (the company is in orbit Private) agreed with the position of the state of the need to change the company’s management because of poor production performance by the end of 2010.

“We have inadequate production figures for” Ukrnafta “and the general solution of the state and private shareholders – Change Management”, – said Boyko.

He added that this will happen at the shareholders meeting “Ukrnafta” February 25.

This morning at the Cabinet meeting, Prime Minister Mykola Azarov demanded Boiko provide leadership change “Ukrnafta” due to falling production figures up to 2010.

In 2010, “Ukrnafta” decreased the production of liquefied natural gas 11.62%, or 21.1 thousand tons compared to the year 2009 to 160.5 thousand tons, production of natural gas 17.04%, or 502, 1 million cu. m compared with 2009 to 2445 million cubic meters. m, oil and gas condensate at 12.04%, or 340.1 tons compared with 2009 to 2 485.5 thousand tons.

50% +1 share “Ukrnafta”, which is a public company, owned by the National Joint Stock Company “Naftogaz of Ukraine” About 42% of the shares owned by companies affiliated with Privatbank. One of the owners of the “Private” is Igor Kolomoisky.

Operational control of the company holding the minority shareholders.

Recall that the control of “Ukrnafta” was taken in exchange for the consent of minority shareholders (Private Group) to pay 5 billion UAH. in dividends, which are first of 2010 were required to state welfare payments and pensions.