Existing river transportation rules suit Nibulon

Nibulon company does not want to set the clear rules in the river transport segment and the current situation suits the company, Ukrainian Infrastructure Minister Volodymyr Omelyan has said.

"In fact they would not pay more river fees than other companies [if the bill on domestic river transport is passed]. They carry no more than 2 million out of 7 million tonnes of cargo flow," he said at a meeting with journalists in Kyiv late on Wednesday, commenting on Nibulon's critics of the bill.

The minister said that his ministry considered many issues favorably for the company, optimizing some port duties that Nibulon considered discriminative.

"Then they decided that they should pay nothing. However, we need large investment to carry out dredging works on the Dnipro River, settle problems with ridges and locks. We need renewable credits. Creditors should understand that there is revenue that would cover the credits. We propose the clear and transparent approach," Omelyan said.

Ukrainian Infrastructure Ministry intends to discuss the bill on domestic water transport in parliament this week.