Business news from Ukraine

IRAN TO MULL OIL SUPPLIES TO SLOVAKIA, CZECH REPUBLIC VIA UKRAINE

2 August , 2016  

KYIV. Aug 2 (Interfax-Ukraine) – Iran will mull Ukraine’s proposal about the possibility of transiting Iranian oil through the Ukrainian pipeline system to Slovakia and the Czech Republic, Iranian Petroleum Minister Bijan Zangeneh has said after talks with Ukrainian Minister of Energy and Coal Industry Ihor Nasalyk in Tehran on August 1.

According to the Iran Petroleum Ministry, Tehran is also ready to start cooperation in oil supplies directly to Ukraine, despite the fact that Ukrainian oil refining capacities are small and the country imports fuel.

The Iranian media resources IRNA and Shana added Kyiv have asked Tehran to consider the possibility of Iranian gas transit through the Ukrainian territory.

Zangeneh said Ukraine is attractive in its advanced power engineering industry. The parties are currently working on cooperation in the field of turbines and gas compressors.