“Ukraine will be able to quickly replace the shortage of petroleum products

Friday, April 19, 2019
“Ukraine will be able to quickly replace the shortage of petroleum products

“Ukraine will be able to quickly replace the shortage of petroleum products, which will arise in connection with the Russian ban on their import into the country,” predicts Sergey Kuyun, director of CTS-Consulting. “Diesel fuel will rise in price by 1-1.5 UAH / liter, liquefied gas – by 2 UAH / liter.” He said alternate supplies could come from Belarus, Kazakhstan, the EU and increased production from Ukraine’s Ukrtatnafta refinery. It is not known if Russia will pressure Belarus to stop transshipping Russian oil to Ukraine.

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