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Ukraine sees decrease in oil transshipment to Europe by 21.2% in January 2018

The transit of oil to refineries within Ukraine increased 1.5-fold.
19:19, 20 February 2018

https://m.inforesist.org/

Transit of oil through the territory of Ukraine by pipelines to the European Union’s member states in 2018 amounted to 280,5 thousand tons, indicating a 21.2% drop from the figure exhibited in the same period of 2017, when it stood at 1,045 million tons. Statistics from the Ministry of energy and coal industry show this, reported by Interfax-Ukraine.

Related: Ukraine’s Agroliga completes construction of oil extraction plant

Also, the volume of oil shipped to Ukraine’s refineries amounted to 174,000 tons in January 2018. This exceeds the figure observed in the same period of the previous year by 48.2%, or 56.6 thousand tons.

This means that in January 2018, the share of transmission of oil in the total volume of oil transit (1,219 million tons) reached 85.7%, whereas 14.3% of all the oil went to domestic oil refineries.

Related: Oil price hits record high, gasoline prices in Ukraine continue soaring

Oil transit through the territory of Ukraine by pipelines to European countries in 2017 grew by 0.8% (or by 114.9 thousand tons) against the 2016 figure and reached 13 million 937.1 thousand tons, whereas the transit of oil to domestic refineries increased 1.5-fold (or by 690.6 thousand tons) and reached 2 million 96.6 thousand tons.

Related: Rescuers chocked fire at warehouse of oil and lubricants in Donetsk

The rise in shipments within the country is linked to the resumption of operations on the Odesa-Kremenchug section, through which Azeri Light’s oil is delivered to PAO Ukrtatnafta. PAO Ukrtatnafta, fully managed by NAK Naftogaz-Ukraine, is the sole operator of the oil transshipment system of Ukraine. The system of oil pipelines operated by the company covers a total area of 4767 thousand square kilometers across 19 regions of the nation.

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