Baku, Azerbaijan, May 10
By Maksim Tsurkov- Trend:
Azerbaijan’s state oil company SOCAR supplied 60,600 tons of Azeri Light oil to the Kremenchug refinery in Ukraine in April 2018, a source in the oil and gas market of Azerbaijan told Trend May 10.
The source said that oil pumping to the Ukrainian refineries (mainly Kremenchug refinery) decreased by 12.9 percent to 164,940 tons in April 2018 as compared to April 2017.
“Some 60,600 tons of Azeri Light oil was pumped through the Odessa-Kremenchug pipeline. In the first four months of 2018, the pumping of Azeri Light to the Kremenchug refinery stood at 231,000 tons,” the source said.
Overall, during the first four months of 2018, Ukraine imported crude oil and gas condensate for $146 million. Reportedly, 94.3 percent of oil supplies to Ukraine accounted for Azerbaijan.
UkrTransNafta OJSC, the operator of the oil transportation system of Ukraine, resumed the operation of the pipeline from Odessa to Kremenchug from March 10, 2017, and began transporting Azeri Light oil to the Kremenchug refinery.
The agreement signed in late 2016 envisaged the transportation of at least 1.3 million tons of Azeri Light oil to the Kremenchug refinery in 2017.
The Kremenchug refinery processes Azeri Light starting from December 2016, but earlier oil was supplied to the refinery by rail.
--
Follow the author on Twitter: @MTsurkovTrend
