Naftogaz's supervisory board handed the reins of Ukraine's largest state energy company to its commercial director, Serhiy Fedorenko, after Serhiy Koretskyi was appointed Prime Minister of Ukraine.

Ukrainian President Volodymyr Zelenskyy has stated that, following all consultations, he considers current Naftogaz CEO Serhii Koretskyi to be the most qualified candidate for the…

The nomination comes as Ukraine prepares for winter and a major government reshuffle, with several key ministerial changes expected.

Koretskyi's Cabinet is expected to be appointed later on July 16.