Ukraine’s infamous oligarch set to lose $500mln asset, battled for years

The year 2022 was one of the worst for Ukrainian oligarch Ihor Kolomoiskyi. And 2023 doesn't look good for him either.

First, the government returned the Dnipro airport, long owned by Mr Kolomoyskyi, under its control, and then took away one of the largest petrol station chains and alienated the oil and gas company Ukrnafta and the Kremenchuk oil refinery.

Now, the businessman stands to lose another of his important assets – Ukrnaftoburinnya, Ukraine’s second largest private oil and gas producers.