New Interim Leader Appointed at Ukraine's Naftogaz

Serhiy Fedorenko and Serhiy Koretskyi Assume Key Roles

According to 5 канал: On July 17, Naftogaz's supervisory board appointed Serhiy Fedorenko as the company's interim CEO. With over a decade of experience in the oil and gas sector, Fedorenko previously held the same position at PJSC Ukrnafta and served as Commercial Director of JSC Ukrgazvydobuvannya from 2015 to 2023. His career also includes a seat on the board of JSC Ukrgazvydobuvannya and leading Naftogaz Oil Trading from 2019 to 2022. In 2022-2023, he volunteered in the Armed Forces of Ukraine.

On the same day, Ukraine's parliament voted to appoint Serhiy Koretskyi as Prime Minister. The decision received support from 289 lawmakers, with one opposing and seven abstaining. Koretskyi won a competitive selection process in 2025 to become the chairman of Naftogaz's management board. Since 2022, he has led Ukrnafta and Ukrtatnafta; from 2019 to 2022, he co-founded and chaired Centurion Group SA in Switzerland.

Presidential Remarks

“Naftogaz's independent supervisory board has unanimously appointed Serhiy Fedorenko, a true professional, to lead the company for a specified term.” - Volodymyr Zelenskyy

The President highlighted that Fedorenko, together with Serhiy Koretskyi, drove the transformation of Ukrnafta, successfully purging its internal processes of oligarchic influence. These efforts turned Ukrnafta into one of the most profitable state-owned enterprises.

The appointments of Serhiy Fedorenko and Serhiy Koretskyi to pivotal positions in Ukraine's oil and gas sector and government signal a push for stability and professional management in a field critical to the national economy. Both leaders bring extensive expertise, which could drive further growth at Naftogaz and enhance its financial performance. These moves also reflect ongoing efforts to rid the industry of oligarchic control and boost the efficiency of state-owned companies.

As Naftogaz prepares for a new chapter under the leadership of Serhiy Fedorenko, the broader implications for Ukraine's governance and energy strategy are becoming increasingly evident. Recently, Zelenskyy engaged in discussions with the newly appointed Prime Minister regarding critical winter preparations and the government's agenda, emphasizing the interconnectedness of energy management and national stability.