Easy path for light oil

Belarusian Oil Company and Ukrtransnafta sign agreement on oil transportation services

The document, signed in Kiev, guarantees transportation of 4m tonnes of light oil annually to Mozyr Oil Refinery by Ukraine’s oil-transportation system, via the Odessa-Brody pipeline. The agreement is to run for two years, with the option of renewal by mutual agreement.

The signing follows a successful trial delivery of 80,000 tonnes of oil via the Odessa-Brody pipeline in November 2010. The route is clearly economically feasible. Ukraine’s trunk pipelines are ready to pump oil to Belarus, while preserving the reliable and fail-safe transit of Russian oil to the Czech Republic, Slovakia and Hungary (in line with contractual obligations).

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