PJSC Ukrtransnafta plans in 2016 to transit 15 million tonnes of oil to Europe, which corresponds to the volume transited last year, company CEO Mykola Havrylenko has said.

"It is planned to transit 15 million tonnes plus or minus 1.5%. Expectations are that the volume of pumping will be at the level of 2015," he told reporters in Kyiv.

Havrylenko also said that the expected net profit of Ukrtransnafta in 2015 will amount to UAH 1.1 billion, which is one-third more than in 2014.

As reported, the net profit of Ukrtransnafta in 2014 increased by 2.6 times compared to 2013, to UAH 819.573 million, while net income decreased by 21%, to UAH 2.225 billion.