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Automatically translated version. May contain inaccuracies compared to the original.
At the beginning of October this year, the government allowed private companies to export gas from their own production. The greatest enrichment from this decision has fallen to the company of the former Minister of Ecology Mykola Zlochevskiy. According to analysts’ estimates, only for October the firm of the scandalous ex-official could earn nearly 14 million euros. Most licenses and permits touching him were obtained back when he was in the government under the fugitive president Yanukovych. Regarding the legality of the right to extract for Zlochevskiy’s companies, many investigations have been conducted, yet he still has roughly 30 permits to date. And they bring him, without exaggeration, tens of millions.
This is reported by Anti-Corruption (Anticor).
Zlochevskiy is known as the founder of the Burisma group of companies, of which were on the board of directors Hunter Biden, son of former U.S. president, and former Polish president Alexander Kwasniewski. Since 2023, the group was liquidated, and its assets were scattered among other firms which are now officially headed by Zlochevskiy’s daughters with Cypriot passports — Anna and Karina. One of the main Zlochevskiy companies is LLC Esko-Pivnich. It was this company that in October 2026 became the leader of Ukrainian gas exports abroad, even surpassing a giant like DTEK. It has seven active licenses for oil and gas extraction on its books.
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Seven more licenses are held by affiliated companies from Zlochevskiy’s orbit — LLC Pari and LLC Pari Naftogaz. Over 2025 year, the first of them showed revenue growth of 63%. Most licenses and permits are valid until 2031-2038 years.
LLC Pari Naftogaz was created in 2021 and initially registered to the main Cypriot offshore of the Zlochevskiy family — Diloretio Holdings Ltd. Karina Zlochevska and Alexander Kwasniewski sit on the board of directors of the latter.
Later, in Pari Naftogaz, Cyprus-based Omniserve Ltd and Omnium Corporate & Trustee Services Limited joined. These companies were once among the founders of Ivena Limited, which belongs to the influence sphere of another Ukrainian oil-and-gas businessman — Zinovy Kozitsky.
Now Pari Naftogaz is registered to the Cypriot company Semyhen Holdings Limited, a name that echoes the Simigenivske field, the development license for which is held by the Zlochevskiys. The ultimate beneficiaries are the former minister’s daughters.
And another two firms, which also hold several mineral extraction licenses in Ukraine, Zlochevskiys began moving to the UAE. Recall that the daughters of the former minister own apartments in Dubai, valued at 11 million dollars. Anticor published exclusive footage of a building on the artificial Palm Jumeirah island, where the Zlochevskiys revel. Europe tours
20 June 2024 year in the company O-Gas, to which two licenses for extraction were transferred in 2023, Mig Capital Investments were introduced, registered in one of the most famous office buildings in Dubai’s business district — Opus. The building was designed by the renowned architect Zaha Hadid.
The next day a UAE citizen Mukhammad Al Zeiwu di appeared in the structure of O-Gas. A person with the same name has worked since January 2026 as strategic manager at the UAE’s main oil producer ADNOC. Prior to this he worked at the banking investment company Moelis & Company.
But Mukhammad Al Zeyoudi is a very common name in the UAE, so it is not possible to say with 100% certainty that this is the same person.
In a month, Smartline Energy F.Z.E., based in the free economic zone adjacent to Dubai — Ajman — joined the O-Gas structure. In the summer of 2025, the Emirati energy group Emiravest energy group appeared in the Ukrainian company of the Zlochevskiys, headed by Arkady Zavor, a former employee of Zlochevskiy’s Infok. The UAE-based company engages in attracting investments into energy infrastructure, including renewables — wind turbines, solar panels, etc.
The official site of the Dubai-based company is purely informational about its field of activity, with no details. In the News section you can see three materials published on the same day and most likely written by AI.
As of 2026, in the management of Zlochevskiys’ company Storence LLC appeared Mig Capital Investments, Emiravest energy group, and Mukhammad Al-Zeyoudi from the United Arab Emirates. Storence owns four special permits for Ukrainian mineral resources.
Arkady Zavora, since 2011, was listed among the founders of Azov-Oil LLC, which is now registered at the Zlochevskiys’ Kyiv headquarters. It was in 2011 that the former minister began actively entering the mining business and mass-issuing licenses for field development.
In addition to oil and gas extraction, the Zlochevskiys’ family actively invests in the real estate market. If before there were known purchases of an unfinished building near the capital’s registry office, the building of the former Arkada bank, and the Arsenal Food Market, now other assets have been found.
The Zlochevskiy daughters together with the Rodolit family fund own the company Zlatograd-Invest LLC. The company was created in 2012, and then its founders were the wife and father of the ex-minister — Nataliya and Vladyslav Zlochevski. The main activity is construction of residential and non-residential buildings.
In 2013, the company became the owner of several land plots in the village of Shpytyky in the Kyiv region. The lands are situated on the shore of a lake.
Now a cottage town has grown on this site — Tereshchenko Lakes. A fenced territory, access to the lake, beaches and luxurious cottages and duplexes. In the primary market, probably all houses have already been sold. However, social networks preserve replies from the sales department about the price of the cottages. It was 95 thousand dollars.
A few weeks ago an advertisement appeared on the network about the sale of one of the houses in Tereshchenko Lakes. The description states that this is half a duplex on 106 square meters with unfinished repairs. Price is 120 500 dollars.
Zlatograd-Invest is stated as the developer of the project, although on realtor sites information about the builder of Tereshchenko Lakes is hidden.
In 2025, a new location appeared on the complex — a separate house built on an island in the middle of one of the lakes in the village of Shpytyky. It can be rented privately for personal recreation. In addition to the house itself, there is a barbecue area and a large hot tub.
After the initial sale of houses, the landowners partially changed. However, according to registers, Zlatograd-Invest owns 36 plots.
Near the village Khotanivka, effectively on the Kyiv reservoir’s dam, stretches the Zlochevskiys’ ancestral estate. Earlier journalists already showed the development area, where two mirror enormous houses are located. Since 2014, the land under them is registered to LLC Veliki Klyuchi, which was led by the ex-minister’s father Vladyslav Zlochevsky.
Until the summer of 2023, co-founder of LLC Veliki Klyuchi was Cypriot Proteas Trustee Services Ltd. In 2024, the firm was put on the NSDC sanctions list. These sanctions target companies that support Russia’s military production, as well as traitors and organizations connected with the Russian military-industrial complex.
The ancestral estate of the Zlochevskiys also underwent changes in 2023. 7 hectares of forest, which separated their plots from the dam, were transferred to the State Enterprise Lesy Ukrainy. Although previously they belonged to the Kyiv City Regional Administration.
From the satellite map it is clearly visible that on these hectares a third house appeared, very similar in style to those belonging to the Zlochevskiys, though smaller in size. So on state-owned land there is an unknown estate, although it can be used only for forestry-related activities.
At the beginning of October this year, news appeared that Mykola Zlochevskiy put up for sale a yacht now named Rhino. In fact, this yacht with the previous name Karianna was first listed for sale back in 2020, but the deal could not be completed then.
Since then the yacht first changed its name from Karianna to Lady Michelle, and later to Rhino. It also underwent a major renovation. The photos clearly show that the original design of the vessel was in brown tones. Now its interior features predominantly light tones.
Left — interior of Karianna, right — Rhino.
In August 2023, the Higher Anti-Corruption Court approved a plea agreement with Mykola Zlochevskiy in a case of attempted bribery of the leadership of NABU and SAP. He was suspected of intending to give 5 million dollars in bribes to close the criminal case. As part of the agreement, Zlochevskiy donated almost 800 million hryvnias to the army.
Since 2023, when he effectively bought himself out of criminal prosecution, Zlochevskiy closed Burisma, re-registered permits to other companies, and became one of the most active players in the oil and gas market.
The oil-and-gas business, mass real estate purchases, the construction of a cottage town, and presumably preserved political influence. All this resembles the making of a new oligarch, whom Mykola Zlochevskiy would never have become if not for sporadic criminal cases against him being brought to court. Yet it turns out that you can obtain licenses to subsoil resources semi-legally first, and offer perhaps the largest bribe in Ukraine’s history, and still come out dry, continuing to pose in Dubai and Limassol, earning huge money in Ukraine.
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