Ukrnafta sells oil for UAH 3.1 bln at auction on UICE

18:14, 18.03.2015 1 min read

Public joint-stock company Ukrnafta sold 256,570 tonnes of oil for UAH 3.072 billion (VAT included) at an auction on March 18, 2015 on the Ukrainian Interbank Currency Exchange (UICE).

An Interfax-Ukraine correspondent has reported that the oil was sold to two buyers at the starting price of UAH 11,974 per tonne (VAT included).

Ukrnafta also sold 9,900 tonnes of gas condensate for UAH 126.771 million.

The oil put up for the auction is to be delivered using Ukrtransnafta's pipelines.

Oil which Ukrnafta will produce in February and March was also sold.