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"This law will help to improve the financial situation in Naftogaz and the industry as a whole," Danylyuk said.

As UNIAN reported earlier, on July 16, the Verkhovna Rada adopted amendments to the Law "On introduction of moratorium on forced sale of property" providing for cancellation of the moratorium on the sale of assets of Naftogaz’s debtor companies.

Debts of district heating utilities, owned by the state or with a state stake in the authorized capital of not less than 25%, to NJSC Naftogaz of Ukraine amount to about UAH 1.5 billion. Prior to the adoption of the law, the company had not had effective tools for recovering debts.

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