Ukrainian Concern Galnaftogaz, part of OKKO Group, plans to diversify sources of fuel supplies, including through the purchase of oil products from Turkmenistan, Interfax-Ukraine reported on Wednesday.
In early 2021, OKKO acquired the Kherson oil transshipment complex and is going to invest up to $3 million for its modernization.
The press service of the company cited Vice-President of OKKO Yuri Kuchabskiy as saying that the acquisition of the port complex opened up a wide fuel market: under favorable conditions OKKO would be able to increase the volume of imported oil products from Turkmenistan, Turkey, Greece, Bulgaria. In this vein, the figure was named at 150-200 thousand tons per year.
The Kherson oil transshipment complex includes a harbor for unloading oil tankers and storage of fuel, an oil depot with access to railways, and a network of oil products pipeline.
Concern Galnaftogaz operates one of the largest network of gas stations in Ukraine. The concern includes about 440 filling stations under the OKKO brand.