Ukrtransnafta transports American WTI for the first time

Ukrtransnafta reported that on June 7, the company transported Texas light oil, West Texas Intermediate (WTI) for the first time.

It is noted that after checking the quality indicators of raw materials, the company began accepting WTI for transportation to Kremenchuk refinery. Oil will be transported through the Odesa-Kremenchuk pipeline.

In addition to pumping oil from Ukrainian fields, Ukrtransnafta has experience in transporting five grades of imported oil: Urals, Azeri Light, Bakken, El Sharara and WTI.

Recall that in July last year, Ukrtransnafta transported Bakken American oil to Kremenchuk refinery for the first time, and on November 26, 2019, it began accepting El Sharara Libyan oil to the oil transportation system.

Tags: Naftogaz, contracts, oil, legislation, The Minystry of Energy and Coal Mining, Top management, USA, foreign affairs, import, Kremenchuk refinery, negotiations, stocks, price, agreement, route, volumes, petroleum products, oil deliveries, infrastructure, WTI, oil pipeline, decline in production, oil companies, oil reserves, The Ministry of Energy, economy, market

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