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Media outlook in October 2008

The materials published in «Media outlook» are reprinted from other independent sources in shorthand form. LLC «TNK-BP Commerce» not always shares the point of view of the author of the publications.

Lisichansk Oil Refinery renewed spot sales and decreased the prices sharply

October 29, 2008, Wednesday

The second largest Ukrainian oil refinery (based on the capacity), located at the city of Lisichansk and belonging to TNK-BP, has resumed spot wholesale trading of automobile gasolines and diesel fuel after the break for several days and has significantly decreased the selling prices. The diesel fuel price has been reduced up to 5.480 hryvnya per ton (as of October the 29th) from 6.250 hryvnya (as of October the 22nd), automobile gasoline À-95 — up to 5.680 hryvnya per ton from 6.550 hryvnya, while À-92 – up to 5.380 from 6.050 hryvnya. The new prices of the Lisichansk oil refinery are also significantly lower than the prices of its major competitor — Krementchyuk oil refinery, which has diesel fuel wholesale prices at the level of 5.900 hryvnya per ton, automobile gasoline À-95 — 5.850 hryvnya per ton, and À-92 — 5.600 hryvnya per ton.

Source: Reuters

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