KYIV, Oct 8 - Naftogaz Ukrayiny, the national energy company, will be able to report profits in 2021 through 2024 in spite of pessimistic projections from the government that had predicted massive losses for the company.

The Ministry of Finance published a report on fiscal risks and their impact on the state budget, in which it predicted that under the baseline scenario, Naftogaz will receive losses in the amount of UAH 4.3 billion in 2020, and UAH 7.5 billion in 2021, UAH 5.5 billion in 2022, and UAH 4.4 billion in 2023.