The National Energy and Regulatory Commission approved new tariffs for oil transmission

The National Energy and Regulatory Commission of Ukraine adopted a resolution on increasing tariffs for oil transmission by the oil transmission system operator of Ukraine Ukrtransnafta in three stages until October 2021. This was reported by the press service.

The Regulator noted that the tariff revision is due to factors affecting the increase in the cost of providing oil transmission services via main pipelines for Ukrainian consumers.

The Commission will make changes to introduce a phased review of tariffs for the transmission of raw materials, as well as introduce a reduction in the number of oil transmission routes from 18 to 6.

Tariff increases are planned to be carried out in three stages: from November 1, 2019, from November 1, 2020, and from November 1, 2021.

Oil transmission tariff for the first transition year:

Oil transmission tariff for the second transition year:

Oil transmission tariff for the third transitional year:

Earlier it was reported that JSC Ukrtransnafta and PJSC Ukrtatnafta have concluded an agreement for three years to increase the guaranteed volume of oil transmission from seaports to Kremenchuk refinery at 1.2 million tons per year.   

Tags: The Cabinet of Ministers, contracts, oil, hydrocarbon production, tariffs, legislation, NEURC, The Minystry of Energy and Coal Mining, Ukrtransnafta, добыча нефти, Oil refinery plant, taxes, oil transit

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