TNK-BP reports on higher Odessa-Brody volume for 2007

Aug 09, 2007 02:00 AM

In January-July 2007, almost 5.3 mm tons of oil were pumped through the Odessa-Brody pipeline, TNK-BP Ukraine reported.
In 2006 TNK-BP Ukraine pumped 3.42 mm tons of oil through the pipeline -- 41 % lower than in 2005.

In 2004 the Ukrtransnafta (Ukrainian oil transportation) company and TNK-BP signed an agreement under which up to 9 mm tons of oil a year was to be pumped through the Odessa-Brody pipeline in the reverse direction (to the Pivdenny oil terminal near Odessa) over the next three years.
TNK-BP Ukraine's statement said that by July 31, 2007, the overall amount of oil pumped in the reverse direction has reached 15.5 mm tons -- earning Ukraine almost $ 176 mm in transportation costs and port duties.

Source / UNIAN news agency
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