Kolomoisky and Bogolyubov's JKX Oil&Gas plc increased its losses in 2015.

Gannadiy Bogolyubov and Igor Kolomoisky

Gannadiy Bogolyubov and Igor Kolomoisky

JKX Oil & Gas plc, a British company owned by Igor Kolomoisky and Vitaliy Bogolyubov, posted a net loss of $81,5 million in 2015. In 2014, the oligarchs' business, which is involved in oil and gas production in Ukraine, posted a net loss of $79,5 million, according to British media reports.

It is known that in 2015, the revenue of Kolomoisky and Bogolyubov's company amounted to $88,5 million. This figure is lower than in 2014 by 39,5%, or $57,7 million. In 2015, the company reduced its average daily hydrocarbon production to 8,99 thousand barrels, or by 9,3%.

Let us recall that in 2013, the Ukrainian businessmen's company earned $6,5 million in profit. The main asset of the British JKX Oil & Gas in our country is the Poltava Oil and Gas Company, which produces oil and gas at the Molchanovskoye, Ignatyevskoye, Zaplavskoye, Novo-Mykolaivske, Rudenkovskoye, Vostochnoye, Yelizavetovskoye, and Chervonoyarskoye fields. Kolomoisky and Bogolyubov's company (Read more about it in the article Gennady Bogolyubov: What Privat's other half is keeping quiet about?) also develops hydrocarbon deposits in Turkey, Italy, Georgia, the USA, Bulgaria and Russia.

In topic: The "Kolomoisky Wars" or the attack on Privat: Why did the SBU, the State Property Fund, and the Antimonopoly Committee of Ukraine simultaneously take on the oligarch's companies?

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