Kremenchuk refinery will process American oil for the first time

On July 4, a batch of 75.000 tons of Bakken oil will be delivered to the port of Odesa.  Further, the raw materials will go to the Kremenchuk refinery through the Odesa-Kremenchuk pipeline.  It is reported by Argus.

Traders also reported that Ukrtatnafta plans to purchase another tanker shipment of oil in August.

Ukrtatnafta, controlled by Privat Group, processes Ukrainian oil, as well as Azerbaijani light oil, which it regularly buys from the State Oil Company of Azerbaijan (SOCAR) with delivery to the port of Odesa.

Earlier it was reported that Ukrtatnafta continues to purchase marine batches of LHG.


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Tags: contracts, oil, USA, Oil refinery plant

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