9 Oct 2009 15:35

Ukrtatnafta starts making Euro-4 diesel from Azerbaijani crude

KYIV. Oct 9 (Interfax) - The Ukrtatnafta oil refinery in Ukraine has started to produce Euro-4 standard diesel fuel from oil supplied by the State Oil Company of the Azerbaijani Republic (SOCAR), the refinery's chairman, Pavel Ovcharenko, told reporters.

Ovcharenko also said the Azerbaijani oil would enable the refinery to produce Euro-3 standard gasoline.

He said the new diesel would hit the market within days.

Ukrtatnafta and SOCAR have signed a long-term supply deal for 240,000 tonnes of oil per month, delivered via the Pridneprovsky pipeline network.

Ovcharenko said Ukrtatnafta planned to refine approximately 420,000 tonnes of crude in October. He said 240,000 tonnes of this would be Azerbaijani, 80,000 tonnes Kazakh and the rest Ukrainian oil.

The first Azerbaijani oil arrived on October 8. The refinery aims to be processing 500,000-600,000 tonnes of crude per month thanks to the Azerbaijani supplies.