Business news from Ukraine

Volume of diesel fuel market in Ukraine increased by quarter in 2023 – expert

The capacity of the Ukrainian gasoline market increased by 8% in 2023, LPG – by 18%, diesel fuel – by 25%, said Sergiy Yun, Director of the consulting group A-95 Sergiy Kuyun on Facebook.

“We have pushed off from the bottom-22. Preliminary growth in gasoline supplies is 8%, diesel – 25%, gas – 18%,” he wrote.

At the same time, according to the expert, this year’s gasoline balances have lost 16%, diesel – 17%, and autogas – 34% compared to 2021.

According to Kuyun, the collapse of the fuel market in Ukraine occurred in 2022 with the beginning of Russian aggression.

“In 2022, the market lost almost 2.5 million tons of diesel, almost a third of gasoline, and liquefied gas almost halved,” the expert said during a presentation of the results of the oil products market at the Ukraine-Ukrinform Media Center on December 21.

According to the preliminary data on oil product balances in Ukraine in 2021-2023, released by A-95 during the presentation, the forecast volume of the LPG market in 2023 was to be 1.283 million tons, gasoline – 2.275 million tons, and diesel fuel – 6.685 million tons.

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