Business news from Ukraine

Ukraine and Slovakia discussed possibility of oil supplies through terminal in Odesa

11 December , 2023  

Yulia Svyrydenko, First Vice Prime Minister and Minister of Economy of Ukraine, and Peter Kmec, Vice Prime Minister for Recovery, Resilience and Use of European Funds of Slovakia, discussed the possibility of oil supplies through the Odesa-Brody pipeline.

“We discussed the situation at border crossings, bilateral trade, industrial cooperation, and energy. We are inspired by the implemented project to supply oil through Ukraine to Slovakia through the port terminal and pipeline from Odesa,” Svyrydenko wrote on Twitter (X).

According to her, Ukraine is also interested in providing Slovakia with natural gas storage services in its underground storage facilities (UGS).

As part of the Ukrainian delegation’s visit, Ukrtransnafta CEO Volodymyr Tsependa met with a representative of the operator of the Slovak section of the Druzhba pipeline, Transpetrol’s Chairman of the Board of Directors Martin Ruzhynsky.

According to the Ukrainian operator, the parties summarized the results of cooperation in 2023 and discussed plans for organizing transportation work for the next year.

“The results of the year demonstrate well-coordinated cooperation with our European partners. We want to maintain this result in the future, so we discussed all issues related to oil transportation in 2024, in particular, the modes of pumping through the Druzhba pipeline,” Cependa said in a statement.

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