Transneft and Ukrtransnafta signed a 10-year transit contract.
The total volume of oil transportation is 1.536 million tons.
The contract will be valid from January 1, 2020 until January 1, 2030.
The operator of the oil transmission system of Ukraine for the first time transports Libyan oil.
The contract is automatically renewed annually if the parties do not notify of its termination.
For seven months, the company received € 4.2 million.
Ukrtransnafta pumped by 13.2% more oil to Kremenchuk refinery, the only one functioning plant in Ukraine, during 10 months than last year.
In August 2019, oil transmission by Ukrainian pipelines increased by 27.9%
In June 2019 Ukrainian pipelines transmitted 1094 thousand tons of oil.
In April 2019 Ukrainian pipelines transmitted 1040 thousand tons of oil.