Business news from Ukraine

IC “Arsenal Insurance” will insure cars of “Ukrtransnafta”.

JSC “Ukrtransnafta” and IC “Arsenal Insurance” (both – Kiev) have concluded a contract of compulsory insurance of civil liability of owners of land vehicles (MTPL).

According to the message in the system of electronic public procurement Prozorro, the price offer of the company was UAH 627,658 thousand with the declared in the system UAH 1,433 million.

Insurance companies IC “VUSO” with the offer of UAH 607,352 th. and SG “TAS” – UAH 775,049 th. also took part in the tender.

IC “Arsenal Insurance” is the legal successor of IC “Arsenal-Dnepr”, operating in Ukraine since 2005. It is represented in all regional centers and some large cities of the country.

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JSC “Ukrtransnafta” announced tender for insurance of fire brigades

JSC Ukrtransnafta (Kiev) announced a tender for mandatory personal insurance of members of volunteer fire brigades.
According to a report in the electronic public procurement system Prozorro, the expected cost of purchasing services is 56,374 thousand UAH.
“Ukrtransnafta”, 100% shares of which are managed by NJSC “Naftogaz of Ukraine”, is the operator of oil transportation system of the country.

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UKRTRANSNAFTA IN JUNE FOR FIRST TIME TRANSPORTS ALGERIAN CRUDE OIL

JSC Ukrtransnafta in June for the first time transported Algerian Saharan Blend crude oil, the press service of the company has reported
“After checking the quality indicators of crude oil, the company began accepting it into the oil transmission system for further transportation to the facilities of the Kremenchuk oil refinery. Algerian oil will be transported through the Odesa-Kremenchuk pipeline,” the press service said.
The press service recalled that in addition to pumping oil from Ukrainian fields, UTN now already has experience in transporting six grades of imported oil: Urals, Azeri Light, Bakken (since July 2019), El Sharara (since November 2019), WTI (since June 2020) and Saharan Blend.

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UKRTRANSNAFTA REDUCES OIL TRANSIT BY 8%

Oil transit through the territory of Ukraine by pipeline transport to European countries and Belarus in January-April 2021 decreased by 8.3% compared to the same period in 2020, to 3.848 million tonnes, according to the data of JSC Ukrtransnafta.
According to the calculations of the Interfax-Ukraine agency, in particular, transit in the direction of Budkovce (Slovakia) amounted to 2.656 million tonnes (6.4% less from January-April 2020), Fenyeslitke (Hungary) – 832,000 tonnes (less by 24.4%), Mozyr (Belarus) – 359,600 tonnes (more by 37.5%).
The volume of oil transportation to refineries of Ukraine for the four months of 2021 amounted to 729,700 tonnes, which is 12.7% less than in January-April 2020. In particular, oil transportation along the Odesa-Kremenchuk route amounted to 284,300 tonnes (less by 20.8%).
Thus, in January-April 2021, the total transportation of oil through the company’s pipelines amounted to 4.578 million tonnes (less by 9.1%). The share of transit volume in it is 84.1%, pumping to the country’s refineries – 15.9%.
In April 2021, oil transit through Ukraine by pipeline transport increased by 18.4% compared to the same month in 2020, to 888,700 tonnes, in particular to Budkovce – 670,000 tonnes (more by 23.5%), Fenyeslitke – 129,700 tonnes (less by 37.6%), Mozyr – 89,000 tonnes (more by 100%).
Pumping at Ukrainian refineries last month decreased by 16.6%, to 203,700 tonnes.

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UKRTRANSNAFTA REDUCES OIL TRANSIT BY 14% IN Q1

Transit of oil through the territory of Ukraine by pipelines to European countries and Belarus in January-March 2021 decreased by 14.2% (by 488,300 tonnes) compared to the same period in 2020, to 2.959 million tonnes, according to the data of JSC Ukrtransnafta.
In particular, transit in the direction of Budkovce (Slovakia) amounted to 1.986 million tonnes (less by 13.4% compared to January-March 2020), Fenyeslitke (Hungary) – 702,300 tonnes (less by 21.3%), Mozyr (Belarus) – 270,600 tonnes (more by 3.5%).
The volume of oil transportation to refineries of Ukraine in the first quarter of this year amounted to 526,000 tonnes, which is 11.2% (66,100 tonnes) less than in January-March 2020. In particular, oil transportation along the Odesa-Kremenchuk route amounted to 197,900 tonnes (less by 13.9%).
Thus, in 2020, the total transportation of oil through the company’s pipelines amounted to 3.485 million tonnes (less by 13.7%). The share of transit volume in it is 84.9%, pumping to the country’s refineries – 15.1%.
In March 2021, oil transit through Ukraine by pipelines fell by 35.3% (by 492,800 tonnes) compared to the same month in 2020, to 903,000 tonnes.
Pumping to Ukrainian refineries last month decreased by 0.5% (by 900 tonnes), to 195,400 tonnes.
Ukrtransnafta said among the factors that influenced the total volume of oil transportation in the first quarter of 2021 were a decrease in oil demand among European consumers due to quarantine measures and the withdrawal of an oil refinery in Hungary for scheduled repairs.

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UKRTRANSNAFTA TO SELL 80,000 TONNES OF AZERI LIGHT OIL TO BNK

NJSC Naftogaz Ukrainy, as the sole shareholder of JSC Ukrtransnafta, has allowed the company to conclude an agreement for the sale of 80,000 tons of Azeri Light oil (plus or minus 10%) to the subsidiary of the Belarusian Oil Company – BNK (UK) Limited (the United Kingdom).
The decision of Naftogaz made on October 21 was published on the Ukrtransnafta’s website.
Earlier, on August 17, Naftogaz agreed on the possibility of Ukrtransnafta selling a batch of 90,000 tonnes of oil (± 10%) on FOB terms at the port of Pivdenny.
In addition, by the decision of October 15, Naftogaz agreed on the possibility of Ukrtransnafta selling the second batch of Azeri Light oil of 90,000 tonnes (± 10%) on the basis of EXW delivery to the tank farm of the Kremenchuk linear production and dispatching station (LPDS). Thus, it can be assumed that the buyer of oil will supply it for the needs of the Kremenchuk Refinery (Ukrtatnafta).

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