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Ukrgazdobycha PJSC acquires new cargo of Azerbaijani oil

Oil&Gas Materials 5 July 2018 10:38 (UTC +04:00)

Baku, Azerbaijan, July 5

By Anvar Mammadov – Trend:

Ukrtransnafta PJSC, operator of the oil transportation system of Ukraine, sold 5,000 tons of Azeri Light oil, available in the tanks of the Yuzhniy Sea Oil Terminal through e-trading at the Ukrainian Energy Exchange, Enkorr agency reported.

Ukrgazdobycha PJSC acted as buyer of the oil, according to the information. The oil will be transported from the Yuzhniy Sea Oil Terminal to the Kremenchug refinery, where it will be poured into railway cisterns and sent to the Shebelinsky gas processing plant.

In the second half of 2017, Ukrtransnafta PJSC sold 42,800 tons of Azeri Light at the stock exchange. The Kremenchug refinery acquired 32,000 tons of this volume.

In 2018, the Kremenchug refinery announced plans to increase processing by 24 percent (0.6 million tons) up to 3.1 million tons, while it is unlikely to fulfill these plans during the first five months of 2018.

In January-May 2018, Ukrtransnafta PJSC imported 330,000 tons of oil compared to 307,000 tons for the same period last year.

Ukrtransnafta PJSC is the operator of the oil transportation system of Ukraine.

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