Azerbaijan to supply oil for Kremenchuk oil refinery

The Azerbaijani oil will be supplied to Kremenchuk oil refinery, the press service of Naftogaz of Ukraine NJSC reports.

“It is good news for both oil refiners and Ukrtransnafta which could use additional orders,” the report states.

According to report, a considerable obstacle to this project was the replacement of the Russian process oil Urals contained in the Odesa-Kremenchuk pipeline with the Azerbaijani oil Azeri.

“This obstacle has already been removed. Therefore, the Odesa-Kremenchuk pipeline, which used to stand idle, will resume operation, and Ukrtransnafta will add 1.3 million tonnes to the scheduled oil flow volume,” the press service noted.

A reminder that Ukrainian President Petro Poroshenko and Azerbaijani President Ilham Aliyev had a meeting in July 2016 and agreed to resume the Odesa-Brody crude oil pipeline project.

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