Transneft and Ukrtransnafta extended the agreement on oil transit

"Транснефть" и "Укртранснафта" продлили договор на транзит нефти

© Photo : the website of the company “Ukrtransnafta”Company “Ukrtransnafta” and “Transneft” renewed for a ten-year agreement on oil transit through the territory of Ukraine.As follows from the statement of the press service of the Ukrainian company on its page in Facebook, to the agreement entered into a supplemental agreement, now the document is valid until 1 January 2030.The company also updated a number of provisions taking into account changes in the market of oil transportation in the region.It is noted that the basic principles of cooperation between the two operators has not changed.”The conclusion of the additional agreement guarantees the safe and stable operation of the oil transportation system of Ukraine on a long term basis, paves the way to download the system of trunk oil Companies to transit volumes of oil in the direction of European countries”, — stated in the message.

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