KYIV. Jan 14 (Interfax-Ukraine) – Public joint-stock company Ukrtransnafta will modernize the Druzhba trunk oil pipeline in 2016 and will replace 68 kilometers of pipes as they are deteriorated, the company’s press service has reported.
The press service said that the replacement of pipes is the optimal option for providing reliable oil transit to Europe via Ukraine.
The approximate cost of the project would be UAH 650 million. It is also planned to replace four oil pumps and nine electric engines.
As reported, Ukrtransnafta Director General Mykola Havrylenko said in an interview with Interfax-Ukraine that the company would retain the oil transit volume via Ukraine at slightly over 15 million tonnes in 2015, which is the same as in 2014.
The operator of Ukraine’s oil transportation system is Ukrtransnafta, which is 100% managed by Naftogaz Ukrainy.
