Business news from Ukraine

WESTINGHOUSE TO SUPPLY 9 BATCHES OF FUEL FOR UKRAINIAN NPPS

Westinghouse will supply nine batches of fuel for Ukrainian NPPs in 2021, President of Westinghouse’s Europe, Middle East and Africa Operating Plant Services Business Unit Tarik Choho has said.
“In total, in 2021, we will deliver fuel for nine refuelings, and in 2022 it will be seven,” he said in an interview with Interfax-Ukraine.
According to him, for all the years of cooperation with National Nuclear Generating Company Energoatom Westinghouse has supplied 1,626 fuel assemblies for nuclear power plants to Ukraine.
Chokho recalled that Westinghouse fuel for VVER-1000 reactors is already in operation at six out of 15 nuclear reactors in Ukraine. “These are units Nos. 1,3,4,5 of Zaporizhia NPP, as well as units Nos. 2 and 3 of Yuzhnoukrinsk NPP. Moreover, five units out of six [units Nos. 1,3,5 of Zaporizhia NPP and No. 3 of Yuzhnoukrinsk NPP] are fully loaded with Westinghouse fuel,” he said.
In addition, starting in 2022, Westinghouse fuel for VVER-1000 reactors will also be used at unit No. 3 of Rivne NPP, and two years later Westinghouse will supply fuel for VVER-440 to unit No. 2 of this plant.

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FUEL PRICES CUT IN UKRAINE

The Ministry of Economy of Ukraine announced the average cost of gasoline at UAH 26.64 per liter and diesel fuel at UAH 22.25 per liter, on which the fuel selling price caps at filling stations at the end of July is based.
Thus, taking into account the trade markups, the price cap for “ordinary” gasoline for its sale through the filling station network shall not exceed UAH 31.64 per liter and for “ordinary” diesel fuel – UAH 29.25 per liter.
Compared to the middle of the month, the average price for gasoline fell by UAH 0.23 per liter, for diesel fuel – by UAH 0.35 per liter.

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AVERAGE WHOLESALE PRICES OF FUEL IN UKRAINE CHANGE

The average large-scale wholesale price of petrol and diesel fuel in Ukraine fell by 3.1%, to UAH 20,000 per tonne over the past week from September 21 to September 28.
The average large-scale wholesale price of A-92 fell by 1%, to UAH 24,040 per tonne, the price of A-95 petrol – by 1.1%, to UAH 25,070 per tonne and the price of diesel fuel fell by 1.2%, to UAH 19,320 per tonne.
Changes in large-scale wholesale prices of fuel in UAH per tonne (VAT included, 100% prepayment):

©Source: A-95 Consulting Company
Meanwhile, the average small-scale wholesale price of A-92 increased by 0.1%, to UAH 18.80 per liter; that of A-95 by 0.2%, to UAH 19.78 per liter. The price of diesel fuel fell by 0.8%, to UAH 16.45 per liter.
Changes in small-scale wholesale prices of fuel in UAH per liter (VAT included, 100% prepayment):

©Source: A-95 Consulting Company

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AVERAGE WHOLESALE PRICES OF FUEL IN UKRAINE IN MAY

The average large-scale wholesale price of A-92 petrol in Ukraine increased by 3.1%, to UAH 20,000 per tonne over the past week from May 25 to June 1.
The average large-scale wholesale price of A-95 petrol grew by 3%, to UAH 20,900 per tonne, according to data from the A-95 Consulting Group (Kyiv).
The average large-scale wholesale price of diesel fuel was 2.4% up to UAH 16,970 per tonne.
Changes in large-scale wholesale prices of fuel in UAH per tonne (VAT included, 100% prepayment):

©Source: A-95 Consulting Company
Meanwhile, the average small-scale wholesale price of A-92 increased by 4.4%, to UAH 15.52 per liter; that of A-95 by 4.5%, to UAH 16.50 per liter. The price of diesel fuel increased by 3.7%, to UAH 14.72 per liter.
Changes in small-scale wholesale prices of fuel in UAH per liter (VAT included, 100% prepayment):

©Source: A-95 Consulting Company

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SWISS-BASED AVIA OPENS SIXTH FUEL STATION IN UKRAINE

Swiss-based AVIA network has opened the sixth fuel filling station in Ukraine on the route between Kyiv and Boryspil airport near the junction at Schaslyve.
The new AVIA station has five stands for refueling with petrol, diesel fuel, liquefied gas, as well as a store of 60 square meters.
“I am glad that we managed to launch another AVIA station in Ukraine, which confirms that the AVIA brand was well received in this market. The appearance of another AVIA station is also a good forecast for achieving our goal for 2020, which foresees the launch of about 30 stations of our network in Ukraine,” Robert Nowek, the Managing Director of the AVIA network in Poland and Ukraine, said.
As reported, in June 2019 the Polish company UNIMOT and Ukraine’s Wexler Group opened the first fuel station complex in Ukraine under the brand of the Swiss AVIA network.
During 2020-2022, the company planned to increase the number of filling stations under the AVIA brand to 100 units.
AVIA was established in Switzerland in 1927. Currently it has over 3,200 stations in 15 European countries.

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RETAIL SALES OF FUEL 20% DOWN IN UKRAINE

The volume of retail sales of oil products decreased by 20% over the week, March 14-21, a fall against the background of quarantine measures may reach 40-50% in April, Director of A-95 Consulting Group (Kyiv) Serhiy Kuyun has said.
“Over the weekend, I talked with the top managers and owners of several large fuel station chains. Everyone reported a fall in sales by 15% from the middle of the week, and by 20% or more over the weekend compared to the previous Saturday,” he wrote on his Facebook page on Monday, March 23.
According to him, the largest decline in retail sales is 40% in the western regions, primarily in Zakarpattia and Chernivtsi. At the same time, sales fell by 90% at fuel stations located close to border points.
Kuyun also said that expectations are also the same, namely sales decrease by 40-50% in April. This is very optimistic, given that in Italy fuel stations lost 70-80%.
Predicting the situation with fuel supplies to the Ukrainian market, Kuyun said that there would be no shortage of resources.
According to him, purchase prices have the potential to decrease in April by UAH 3 per liter for petrol, by UAH 2.5 per liter for diesel fuel at a rate of UAH 30/$1, and by UAH 4.2 per liter and UAH 3.7 per liter, respectively, at a rate of UAH 28/$1. At the same time, in the absence of hryvnia devaluation, a fall in the world prices for oil and oil products would lead to a decrease in purchase prices by UAH 6 per liter for petrol and UAH 5.5 per liter for diesel fuel in April, the expert said.
Due to the fall in the volume of sales of oil products against the background of quarantine, the decrease in revenue in cafes and shops, as well as the increase in the cost of operating a fuel station, namely employees’ transportation, provision of protective equipment, and disinfection of premises, a decrease in purchase prices will not lead to a change in retail prices, Kuyun said.

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