Kazakhstan, Astana, Jan. 25 / corr Trend A.Muratov, E. Ismayilov /
KazMunayGaz national company could re-deliver volumes of oil products, sold to Ukraine, to a market in Turkey, KazMunayGaz head Kairgeldi Kabildin said to a news conference in Astana. It is explained with Ukraine's intention to increase duties for import oil products.
Introducing duties was on focus in a meeting of Ukrainian Fuel and Energy Minister Yuriy Boyko with oil traders in the end of November, 2010. Ukrainian oil products were ousted from the market due to privileged terms for importers.
"Supplies of oil products to Ukraine via Romepetrol are inconsiderable and we can re-direct them to Turkey," Kabildin added.
The Rompetrol Group NV is a 100 percent subsidiary of KMG processing and marketing.
Rompetrol is a large holding company. Most of its operations and assets are located in France, Romania, Spain, and southeastern Europe. The group is active primarily in refining and marketing downstream, with additional operations in exploration, production and other services for the oil industry. It owns two oil refineries (Petromidia and Vega), and some 630 gas stations in Europe (Romania, France, Spain, Moldova, Ukraine, Bulgaria, Albania, and Georgia).
The company owns a 25 percent share of the petroleum product retail sales market in Romania, a 3.5 percent share of the market in France, and a 1.5-percent stake of the market in Spain. Rompetrol works in 13 countries in service and trading.
Under the Customs Union, an agreement has been achieved to deliver Russian oil to the Pavlador Petrochemical Plant by 2015 without export customs duties, Kabildin stressed.
The plant, which was built in 1970s, was preliminarily intended for refining Western Siberia oil.
According to Kabildin, an agreement has been achieved to supply Kazakh oil to Ukraine via Russia without export customs duties. However, it concerns volumes up to six million tons a year. Extra-volumes will be taxed in Russia's favor.