Ukraine suggests Iran to use its soil for oil transit to Europe

EghtesadOnline: Ukraine and Iran are considering the possibilities to supply Iranian oil to Ukrainian and European oil refineries, the source in Ukraine’s ministry of energy and coal industry told Trend.

News ID: ۷۶۹۰۳۶

28 August 2016

“Currently the ministry together with the Iranian side considers the possibility to supply Iranian oil to Ukrainian, as well as Central and Eastern European oil refineries,” the source said.

The source didn’t provide any details of on the talks or on the possible supply route, reports ISNA.

Earlier, PJSC Ukrtransnafta, an operator of Ukraine’s oil transportation system, said it offered Iran to use the company’s oil transportation infrastructure to transit oil to the Central and Eastern European markets.

Talks on the issue have been held during the meeting of Ukrtransnafta’s Head Nikolai Gavrilenko with Iran’s Oil Minister Bijan Zangeneh in Tehran.

Iran’s oil export has already reached 2.74 million barrels per day (mbpd) in July. The Islamic Republic of Iran exported 2.1 million barrels of crude oil per day in July.

About 25 percent of Iran’s crude oil export goes to Europe, while Asian markets share 75 percent of Iran’s crude oil exports.

Tehran eyes to export 63 percent of its crude oil to Asian markets and the remaining to European and other consumers.