Possible route for Iran oil to Europe through Ukraine revealed
By Trend
PJSC Ukrtransnafta, an operator of Ukraine’s oil transportation
system, spoke about the perspective route for the possible supply
of Iranian oil to Europe through Ukrainian territory.
“It is obvious that the perspective route for transit to Central
and Eastern Europe through Ukraine can be oil supplies through
Bosphorus to the Pivdenny maritime terminal in Odessa and then via
Odessa–Brody pipeline and further through Druzhba pipeline to
Europe,” the source in Ukrtransnafta told Trend.
Earlier in August Ukrtransnafta offered Iran to use the company’s
oil transportation infrastructure to transit oil to the Central and
Eastern European markets.
The source in the Ukraine’s ministry of energy and coal industry
confirmed to Trend that talks on this possibility with Iran are
underway.
The source in Ukrtransnafta pointed out some positive moments of
the supply route through Ukraine for Iran, among which is
flexibility and activity of Iranian exporters’ marketing strategy,
as well as Ukraine’s focus on diversification of routes and supply
sources to the country and transit through its territory to the
countries of Central and Eastern Europe.
Moreover, as the source said, Ukraine is ready to take concrete
steps for increasing attractiveness of Ukrainian route if the
readiness of supplier to reach agreements with consumers and
transit countries is in place.
Iran’s oil export has already reached 2.74 million barrels per day
(mbpd) in July. The Islamic Republic 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.
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