In April, Ukraine will not receive diesel fuel and liquefied gas produced by Rosneft, as Enkorr reported.
“Firstly Coral (Coral Energy – the new trader on supplies of Rosneft production in Ukraine) stated about the reschedule of supplies to the second half of April and today it stated about the absence of nominations for April,” the members of the market stated.
Besides, it is unknown whether or not it will be possible to renew supplies in May.
Meanwhile, Director of A-95 consulting group Serhiy Kyuun believes that the absence of Rosneft supplies will cause serious tensions at the market that will be noticeable in the first ten days of April, especially with liquefied gas.
“Supplies of Rosneft take 22% at the balance of the market of diesel fuel and liquefied gas. In the first quarter of the last year, the market was disorganized due to the decrease of the Belarusian supplies of diesel fuel when about 10% of the balance fell out. Traders need to urgently look for alternative sources of import,” Kyuun said.
According to him, the situation is complicated by the fact that last week, the Belarusian Naftan oil refinery stopped and scheduled repair of Mozyr Oil Refinery will take place in May – it is the key supply of oil products to Ukraine.
On March 15 it was reported that the Swiss oil trading company Proton Energy Group SA stops the delivery of oil products to Ukraine from April 1, 2021.
The company made such a decision after receiving information from a member of the Oil and Gas Association of Ukraine in early March 2021 that the Security Service of Ukraine strongly recommended that Ukrainian fuel market participants not cooperate with Proton Energy Group SA and refrain from buying petroleum products from the company.
Another reason for the cessation of supplies of petroleum products to Ukraine by Proton was the actions of the Ukrainian authorities against the network of Glusco gas stations owned by Glusco Energy SA and a member of the Oil and Gas Association of Ukraine.