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Ukraine has spent $3.3B on oil product imports.

Ukraine is changing its fuel suppliers to prevent a shortage of oil depots.

Ukraine has spent $3.3B on oil product imports.

From January-June 2022, Ukraine imported oil products worth $3.3B, which is 56.3% more than in the same period last year, announced the State Customs Service. At the same time, the physical volume of imports decreased by 14.7% to 3.2 million tons compared to the first half of 2021. Fuel was imported from Belarus costing $753.6M (share – 23.11%), the Russian Federation – for $569.6M (17.47%), India – for $283.6M (8.7%), and from other countries – for $1.7B (50.72%). In addition, Ukraine exported 45,564 thousand tons (-78% compared to January-June 2021) of oil products for $46.3M (-54.9%) in the first six months of the year. The fuel supplied from Lithuania amounted to $16.3M, Estonia – $6M, Hungary – $3.6M, and other countries – $20.3M.

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