Volume of jet fuel supplies from SOCAR to Ukraine revealed

Oil&Gas Materials 8 October 2021 11:04 (UTC +04:00)
Volume of jet fuel supplies from SOCAR to Ukraine revealed

BAKU, Azerbaijan, Oct.8

By Leman Zeynalova – Trend:

Ukrainian subsidiary of Azerbaijan’s state oil company SOCAR has supplied 900 tons of jet fuel from Lithuania to Ukraine in September 2021, Trend reports.

Moreover, SOCAR Energy Ukraine delivered 4,000 tons of aviation fuel from Belarus last month, Ukrainian media reports.

Ukraine has imported 108,500 tons of jet fuel from January to September 2021, 13.7 percent more than in 95,400 tons in the same period in 2020.

Supplies from Belarus rose by almost fivefold standing at 49,500 tons as compared to the first nine months of 2020, while deliveries from Lithuania grew by 18 percent and amounted to 40,200 tons.

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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