Ukrnafta to auction 156,700 tonnes of oil on UICE on Aug 19

10:51, 13.08.2015 1 min read

PJSC Ukrnafta will auction 156,700 tonnes of oil on the Ukrainian Interbank Currency Exchange (UICE, Kyiv) on August 19.

According to the bulletin of bidding, the starting price of oil will be UAH 9,249 per tonne (including VAT).

Another four sellers will auction 7,500 tonnes of oil for the same starting price on August 19.

In addition, Ukrnafta will auction 3,800 tonnes of gas condensate at a starting price of UAH 10,009 per tonne (including VAT).

Naftogaz Ukrainy owns a 50% plus one share stake in Ukrnafta, a group of companies related to the shareholders of PrivatBank about 42% of the shares.