Business news from Ukraine

ORLEN RAISES FUEL SUPPLIES TO UKRAINE BY 11% IN 2017

19 March , 2018  

Orlen Group increased petrol and diesel fuel supplies to Ukraine by 11% in 2017, the company’s report says. “Strong pressure is exerted in the Ukrainian fuel market on the part of Russian and Belarusian exporters, offering competitive prices. In spite of unfavorable conditions, Orlen Group increased sales of petrol and diesel fuel to the Ukrainian market by more than 11%,” the report says.
At the same time, the volumes of petrol and diesel fuel delivered in 2017 are not specified.
As reported, Ukraine in 2017 imported 7.828 million tonnes of petroleum products (under foreign economic activity code 2710 – petrol, diesel fuel, fuel oil, jet fuel, etc.) for a total of $4.159 billion, in particular in December for $433.776 million.
According to the State Fiscal Service, imports from Belarus totaled $1.828 billion (a share of 43.96%), Russia for $1.272 billion (30.6%), Lithuania for $469.398 million (11.29%), other countries for $588.944 million (14.16%).