Main Business Activities
- Upstream and Integrated Gas
Shell has been present in Ukraine since 2006 and is active in upstream and downstream. Shell conducts exploration activities and operates 132 retail sites. Shell also operates a number of joint ventures in Ukraine which pay taxes locally. These numbers are not included in the country-by-country reports because the accounting principles of the ventures are based on equity accounting. They are reported in the shareholder location.
Country Financial Analysis
Shell paid no corporate income tax in Ukraine as a result of losses from upstream activities.