Ukrnafta to auction 125,800 tonnes of oil on UICE on Sept 16

16:56, 10.09.2015 1 min read

PJSC Ukrnafta will auction 125,770 tonnes of oil on the Ukrainian Interbank Currency Exchange (UICE, Kyiv) on September 16.

According to the bidding bulletin posted on the website of the stock exchange, the starting price of oil will be UAH 8,777 per tonne (VAT), which is 5.1% less than in the previous auction.

Four other sellers will auction 12,600 tonnes of oil at the same starting price on September 16.

In addition, Ukrnafta will trade in 3.600 tonnes of gas condensate at a starting price of UAH 9,567 per tonne (including VAT).