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Odesa customs may jeopardize a 280 mln USD investition
19:06, 13 July 2017
Odesa customs may jeopardize a 280 mln USD investition

A representative of a Swiss company says the vessel entrance fee should be decreased by 50%

19:06, 13 July 2017

Open source

Odesa customs may jeopardize the investment project, on which Ukrainian subsidiary of Azerbaijan oil company Soccar spent 280 mln USD.

President of Swiss filial of Soocar-trading told this in an interview for Sehiy Kuiun, Head of A-95 Consulting  group, according to Business.

Related: Trade between Ukraine, the EU increased by 25% in 2016

“Everything connected to custom clearance of vessels is a problem. We don’t have problems with Eximoilproduct, we have problems with the customs,” a company representative said in an interview for OilNews.

A representative of a Swiss company also emphasized that the vessel entrance fee should be decreased by 50%.

“Because of the high fees we face difficulties in this project; we are starting to lose interest in it. Having accumulated a lot of oil in Odesa, we took a break. We didn’t leave Odesa. If the state lowers entrance fees, it’s highly probable we will increase volumes. Conditions of work are great in Odesa, it’s geographically well situated, the weather is mostly good, and that helps avoid demurrage, like in Caucasus. Overall, the port is interesting, the terminal is strong, but the fees should be lowered,”  the representative added.

Related: Poroshenko urges EU to take down roaming charges for Ukrainians

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