11:54 13.11.2015

Odesa Port-Side Plant, Austria's Antra agree to load plant by over 50% on tolling basis in Nov

2 min read

KYIV. Nov 13 (Interfax-Ukraine) – Public joint-stock company Odesa Port-Side Plant and Austria's Antra Gmbh have agreed to load the plant by over 50% under a tolling scheme in November, Director of Antra GmbH Eugen Hinrichs-Schramm said at a press conference at Interfax-Ukraine on Thursday.

"We buy gas in Austria, Hungary and Slovakia… we will cover more than the half of the plant's need for gas," he said.

The director of Antra said that his company will export Odesa Port-Side Plant's products, however he refused to disclose the concrete buyers.

Hinrichs-Schramm said that 10% of Antra belongs to him and 90% belongs to Switzerland's Universal Exports Holding AG.

"No founder [of Universal Exports] is a government member or politician," he said.

Deputy Director General of Odesa Port-Side Plant Mykola Schurikov said that the plant has started to receive gas under the contract with Antra on November 10. The contract is in effect until the end of November but it could be extended.

Schurikov said that along with gas supplies, the plant received raw materials from Antra under a contract with national joint-stock company Naftogaz Ukrainy (at the price of $275 per 1,000 cubic meters) and is loaded almost by 100% in general.

"With a full loading the plant consumes 115 million cubic meters of gas a month," he said.

He said that the plant cannot supply gas in the reverse mode due to restrictions of the National Bank of Ukraine (NBU) on advance payments abroad.

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