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Posted On

12
October
2021

Ukraine cuts crude oil imports by 2.3% in Jan-Sept

KYIV. Oct 12 (Interfax-Ukraine) – Ukraine in January-September 2021 reduced the import of crude oil and petroleum raw materials (according to FEACN code 2709) by 2.3%, or by 21,698 tonnes, compared to the same period in 2020, to 940,985 tonnes.

According to the State Customs Service, in the first nine months, raw materials were imported for $458.135 million, which is 46.3% more than in January-September 2020 ($313.187 million), inclulding from Azerbaijan for $319.866 million, Algeria for $92.356 million, Libya for $45.381 million, and other countries for $0.532 million.

In addition, Ukraine exported 89,963 tonnes of oil to Romania for $27.133 million during the specified period. This volume was exported in March by the international trader Trafigura. The crude oil was purchased from JSC Ukrtransnafta, which, in turn, in the spring of 2020 bought it at a decline in prices for subsequent resale.

In January-September last year, Ukraine did not export oil.