According to “Serbian Economist,” the Romanian company JT Grup Oil has received approval to build a new oil products terminal on the Danube near the port of Tisovica-Dubova, not far from Orșova in Mehedinți County, the company reported in a filing published on the Bucharest Stock Exchange.
The project involves the construction of four above-ground storage tanks for liquid fuel, as well as the engineering and logistics infrastructure necessary for the receipt, storage, and transshipment of petroleum products.
JT Grup Oil views the new facility as part of a larger regional logistics system. The Danube terminal is planned to be integrated with the company’s new terminal in the port of Constanța on the Black Sea.
According to the company, the platform being developed is intended to serve the markets of Romania, Hungary, Serbia, Austria, and Ukraine, leveraging both Black Sea logistics capabilities and the international transport corridor along the Danube.
Thus, fuel will be able to arrive via Constanta by sea and then be distributed throughout Central and Southeastern Europe using river, rail, and road transport.
For Serbia, the new facility is of particular interest due to its location on the Danube, relatively close to the Serbian border. Additional storage and transshipment capacity for petroleum products could expand fuel supply options to the Serbian market and enhance the Danube’s role in regional energy logistics.
For Ukraine, the project also creates an additional route for importing petroleum products via Romania. Since 2022, Romanian ports—primarily Constanța—have significantly increased their importance for Ukrainian trade and fuel supplies.
At the same time, JT Grup Oil is completing another major infrastructure project—the JT Terminal in the port of Constanța.
The terminal has already passed technical trials, and its commercial operation is scheduled to begin in October 2026, following the completion of all necessary procedures and the receipt of permits.
JT Grup Oil’s strategy effectively involves creating a Constanta–Danube–Central Europe logistics corridor.
The Black Sea terminal is intended to handle imported petroleum products arriving by sea, while the new facility near Orșova will bring fuel supplies closer to the markets of Serbia, Hungary, and Austria and utilize the Danube for further transportation.
“By developing the terminal in Constanta and the terminal in the Orsova area, the company aims to create an integrated logistics platform capable of effectively serving the markets of Central and Eastern Europe,” according to a statement from JT Grup Oil cited by Romanian media.
The project takes on added significance against the backdrop of the restructuring of European petroleum product supply routes and the region’s countries’ efforts to diversify their transportation infrastructure.
JT Grup Oil operates in the Romanian wholesale fuel trade and distribution market. The company’s shares are traded on the AeRO market of the Bucharest Stock Exchange under the ticker symbol JTG.
Ukrnafta JSC announces commercial procurement of road transport services for light petroleum products to meet commercial needs, the company said on Friday.
“The procurement will take place on the Zakupivli.pro platform in two stages. Offers submitted by other means will not be considered,” Ukrnafta said.
As explained by the company, Ukrnafta is accepting commercial proposals for road transportation of light petroleum products across Ukraine in connection with the expansion of its network and increased sales.
“We are waiting for commercial proposals until March 1, 2026, inclusive,” the statement said.
Ukrnafta JSC is Ukraine’s largest oil producer and operator of the largest national network of filling stations, UKRNAFTA. The company has 1,807 oil and 164 gas production wells on its balance sheet.
In 2024, the company entered into an asset management agreement with Glusco. In 2025, it completed a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. It operates a total of 663 gas stations.
The company is implementing a comprehensive program to restore operations and update the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which it sells to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the corporate rights of the company that belonged to private owners and is now managed by the Ministry of Defense.
In January-September 2025, Ukraine increased its imports of petroleum products by 3% (166,823 thousand tons) compared to the same period last year, to 5 million 665,761 thousand tons.
According to the State Customs Service, petroleum products were imported in the amount of $4 billion 566.46 million, which is 11.1% less than in the first nine months of 2024 ($5 billion 133.869 million).
Fuel worth $695.185 million was imported from Poland (15.22% share), Greece – $595.812 million (13.05%), Lithuania – $569.152 million (12.46%), other countries – $2 billion 706.311 million (59.26%).
As reported, Ukraine imported 7 million 562.556 thousand tons of petroleum products in 2024, which is 1.1% less than in 2023 (7 million 646.537 thousand tons).
In January-August 2022, Ukraine imported 4 million 564.904 thousand tons of oil products (according to the HS code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 13.5% less than in the same period last year (5 million 277.684 thousand tons).
According to the State Customs Service, oil products were imported in the amount of $5 billion 231.597 million, which is 69.5% more than in January-August 2021 ($3 billion 86.632 million).
Belarus imported fuel for $793.511 million (share – 15.17%), Russia – for $590.393 million (11.29%), India – for $553.213 million (10.57%), other countries – for $3 billion 294.48 million (62.97%). For eight months of 2021, the total cost share of fuel from Belarus and the Russian Federation in imports was 65%.
In addition, Ukraine exported 54.455 thousand tons (-77.6% compared to January-August-2021) of oil products for a total of $61.854 million (-52.2%) in eight months. The cost of fuel delivered to counterparties from Lithuania amounted to $16.342 million, Turkey – $11.533 million, Estonia – $6.022 million, other countries – $27.957 million.
As reported, Ukraine imported 8 million 790.515 thousand tons of oil products in 2021, which is 9.6% more than in 2020 (8 million 23.072 thousand tons).
Oil products were imported in the amount of $5 billion 614.787 million, which is 65.3% more than in 2020 ($3 billion 396.929 million). Incl. Belarus imported fuel for $2 billion 351.116 million (share – 41.87%), Russia – for $1 billion 240.513 million (22.09%), Lithuania – for $654.584 million (11.66%), other countries – for $1 billion 368.574 million (24.37%).
“Rudomaine” LLC (Kryvyi Rih, Dnipropetrovsk region), which is engaged in iron ore mining, intends to reconstruct the storage of fuel and lubricant materials (FMM) to increase the storage of light petroleum products to 200 cubic meters. m and arranging a fuel station for refueling the company’s vehicles.
According to the documentation at the disposal of the Interfax-Ukraine agency, the planned activity is determined by the 2nd category 4.2 – “surface and underground storage of fossil fuels or products of their processing on an area of 500 square meters or more or a volume (for liquid or gaseous ) 15 cubic meters and more”.
I will not disclose the terms of the reconstruction and the amount of funds for the project.
“Rudomine” LLC was registered in May 2010. The main type of activity is iron ore mining. According to the company, it actively works on the territory of Ukraine, the CIS and Europe. Since 2005, it has processed more than 20 million tons of substandard ores of the Kryvyi Rih iron ore basin.
As of the end of 2020, two beneficiation factories were up and running. The production capacity of the enterprise was up to 4 million tons of raw materials per year with an iron content of at least 38%. Production of finished products with an iron content of 50-59% (fraction 0-10 mm) amounted to about 1.5 million tons per year.
According to the Unified State Register of Legal Entities as of September 2021, the company “ARDK Mining Asset Management Holding Ltd.” is owned by the company. (Cyprus) is a 100 percent share of “Rudomine” LLC. The ultimate beneficiary is Andreu Katya, a citizen of Cyprus.
Previously, the owner of “Rudomine” LLC was the company “Fernando Trading Ltd.” (West Indies) with the ultimate beneficiary – resident individual Anatoly Medvedev.
In January-July 2022, Ukraine imported 3 million 933.911 thousand tons of oil products (according to the TNVED code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 13.2% less than in the same period last year (4 million 531.367 thousand tons).
According to the State Customs Service, oil products were imported in the amount of $4 billion 324.218 million, which is 67.7% more than in January-July 2021 ($2 billion 578.915 million).
Belarus imported fuel for $793.511 million (share – 18.35%), Russia – for $590.393 million (13.65%), India – for $451.414 million (10.44%), other countries – for $2 billion 488.901 million (57 .56%). For seven months of 2021, the total cost share of fuel from Belarus and the Russian Federation in imports was 67%.
In addition, Ukraine exported 46.157 thousand tons (-79.4% compared to January-July-2021) of oil products for a total of $48.255 million (-58.5%) in seven months. The cost of fuel delivered to contractors from Lithuania amounted to $16.342 million, Estonia – $6.022 million, Hungary – $3.606 million, other countries – $22.285 million.
As reported, Ukraine imported 8 million 790.515 thousand tons of oil products in 2021, which is 9.6% more than in 2020 (8 million 23.072 thousand tons).
Oil products were imported in the amount of $5 billion 614.787 million, which is 65.3% more than in 2020 ($3 billion 396.929 million). Incl. Belarus imported fuel for $2 billion 351.116 million (share – 41.87%), Russia – for $1 billion 240.513 million (22.09%), Lithuania – for $654.584 million (11.66%), other countries – for $1 billion 368.574 million (24.37%).
