SOCAR reduces LPG supplies to Ukraine

Oil&Gas Materials 5 October 2021 11:44 (UTC +04:00)
SOCAR reduces LPG supplies to Ukraine

BAKU, Azerbaijan, Oct.5

By Leman Zeynalova – Trend:

Azerbaijan’s state oil company SOCAR has reduced the volume of liquefied petroleum gas (LPG) supplies to Ukraine by 36.1 percent in September month-on-month, Trend reports with reference to Ukrainian media.

The company delivered 5,800 tons of LPG to Ukraine in September 2021, as compared to 9,100 tons in August and was among top-15 suppliers.

SOCAR reduced the supplies of Rosneft-produced LPG to Ukraine by 38.6 percent, from 8,000 tons in August to 4,900 tons in September.

Ukraine imported a total of 127,400 tons of LPG in September 2021, 13 percent less than in August.

SOCAR’s representative office opened in Ukraine in 2008.The company acquired about 20 Tala-Nafta filling stations in Odessa and Nikolaev regions. as well as Svitanok large oil depot in Odessa region in 2009.

The company took control of the fuelling networks ONIO (four filling stations in Kyiv and the region) and GFC (in Lviv region) in 2010-2011. SOCAR received permission from the Antimonopoly Committee of Ukraine to purchase 26 filling stations and one tank farm of the Kalina group in August 2012.

SOCAR Energy Ukraine's revenues amounted to 832 million manat ($489.4 million) in 2020, is 14.1 percent more compared to 2019. Last year, SOCAR Energy Ukraine's spending on improving the environmental situation in Ukraine amounted to $237,000, while in 2019 it was $255,000. SOCAR's investments in Ukraine at the end of 2020 were estimated at $300 million.


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