Economy

Ukraine increases oil transit to Europe by 0.8% in Jan-Nov

Oil transit through Ukraine to Europe in January-November 2015 increased by 0.8% (by 114,700 tonnes) compared to the same period in 2014, to 13.974 million tonnes.

According to the Ministry of Energy and Coal Industry, in November 2015 oil transit through Ukraine rose by 0.2% (by 2,800 tonnes) compared to the same month last year, to 1.137 million tonnes.

As reported, Ukrtransnafta Director General Mykola Havrylenko said in an interview with Interfax-Ukraine that the company would retain the oil transit volume via Ukraine at slightly over 15 million tonnes in 2015, which is the same as in 2014.

Oil transit through Ukraine to Europe in 2014 decreased by 3.6% (by 564,600 tonnes) compared to 2013, to 15.013 million tonnes.

The operator of Ukraine's oil transportation system is Ukrtransnafta, which is 100% managed by Naftogaz Ukrainy.

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