Oil transit through Ukraine by pipeline to European countries and Belarus in January-August 2020 increased by 7.6% (by 607,500 tonnes) compared to the same period in 2019, to 8.630 million tonnes, according to data from JSC Ukrtransnafta.
The volume of oil transportation to refineries of Ukraine during this period amounted to 1.707 million tonnes, which is 12.2% more than in January-August 2019. In particular, oil transportation along the Odesa-Kremenchuk route amounted to 747,100 tonnes.
Thus, for the eight months of this year, the share of transit volume in the total transportation of oil (10.337 million tonnes) amounted to 83.5%, the share of pumping to the country’s refineries 16.5%.
In August 2020, oil transit through Ukraine by pipeline decreased by 9.2% compared to the same month last year, to 1.262 million tonnes.
Pumping to Ukrainian refineries last month decreased by 0.9%, to 225,600 tonnes. In particular, transportation of Ukrainian oil amounted to 117,100 tonnes, Azerbaijani 43,000 tonnes, and American some 65,400 tonnes.
Crude oil transit by pipelines across Ukraine to European countries and Belarus grew by 1.3% in January-March 2020 or by 44,600 tonnes year-over-year, to 3.448 million tonnes, according to information from JSC Ukrtransnafta.
The volume of crude oil transportation to oil refineries in January-March 2020 amounted to 592,100 tonnes, which is 17.2% (86,900 tonnes) more than in the same period last year, including oil transportation by the Odesa-Kremenchuk line amounted to 229,900 tonnes.
Thus, in the first three months of this year, the share of transit volume in the total transportation of crude oil (4.04 tonnes) amounted to 85.3%, the share of supplies to the country’s refineries – 14.7%.
In March 2020, crude oil transit through Ukraine by pipeline grew by 16.2% (by 194,500 tonnes) compared to the same month of 2019, to 1.396 million tonnes, while pumping to the country’s refineries increased 5.7% (10,500 tonnes), to 196,300 tonnes.
The Ukrainian government on Wednesday will consider the revised bill on the list of state-owned facilities that are not subject to privatization, which envisages the retaining of at least 50% plus one shares in Ukrtransgaz, Ukrgazvydobuvannia and Ukrtransnafta and 100% in Ukrhydroenergo, Ukrenergo and Energoatom.
According to an explanatory note to the document available at Interfax-Ukraine, after the first consideration of the bill at a meeting of the Cabinet of Ministers on December 27, 2019, a conciliation meeting and a meeting of the government committee took place, as a result of which the lists underwent significant changes.
If in the first version the Ministry of Economic Development, Trade and Agriculture allowed selling up to 50% in all facilities, now their number has been reduced to 22, while for 135 facilities it is proposed to fix all their shares in state ownership.
JSC Ukrtransnafta and PJSC Transneft (Russia) have signed an additional agreement to the contract for oil transit through Ukraine, thus extending the contract for ten years until January 1, 2030, the press service of Ukrtransnafta has reported.
The corresponding supplementary agreement was signed on December 3.
JSC Ukrtransnafta has transferred 100% of its net profit in the amount of UAH 1.463 billion for 2018 in dividends to Naftogaz Ukrainy.
The press service of the company said last year the company also sent 100% of its net profit for 2017 in the amount of UAH 2.139 billion to pay dividends.
As reported, Ukrtransnafta in 2018 reduced its net profit by 31.6% (by UAH 676.454 million) compared to 2017, to UAH 1.463 billion. Net sales income rose by 2.3%, to UAH 3.873 billion, while gross profit decreased by 21.2%, to UAH 1.452 billion.
In 2018, Ukrtransnafta transported 15.436 million tonnes of oil, including 13.335 million tonnes in transit to European refineries, 1.344 million tonnes of domestic oil and 680,500 tonnes of imported oil to the refineries of Ukraine.
Ukrtransnafta, 100% managed by NJSC Naftogaz Ukrainy, is the operator of the oil transportation system of Ukraine.
JSC Ukrtransnafta, having checked the quality of U.S. crude oil (the Bakken formation), which was delivered by a tanker late last week, has started pumping it into the pipeline towards Ukraine’s Kremenchuk oil refinery.
“After the compliance of the crude oil was confirmed, Ukrtransnafta began pumping oil for its further transportation through the Odesa-Kremenchuk oil pipeline to the Kremenchuk refinery,” Ukrtransnafta said on Facebook on July 13.
As reported, the first batch of crude oil from the United States arrived in Odesa on July 6. It was delivered by the Wisdom Venture tanker.
CRUDE OIL, KREMENCHUK, OIL REFINERY, QUALITY, U.S., UKRTRANSNAFTA
