Belarusian gasoline displaces fuel from Lithuania

FineAuto
Belarusian gasoline displaces fuel from Lithuania

Belarusian oil company has strengthened its position in the Ukrainian market of gasoline, increase in the first quarter of 2020, supply of 10.6%, to 148 million tonnes, compared to the same period of 2019 (134 thousand tons). About this enkorr with reference to the operational statistics reported in “Consulting group A-95”.

The share of Belarusian gasoline in the balance of the Ukrainian market in the first quarter of 2020 rose 4 percentage points from 31% to 35%, compared to the comparable period last year.

The growth of supply, according to traders, was the result of the sale of gasoline in a package with diesel fuel for term contracts for 2020 we will Remind, on one of the two tenders for the supply of diesel fuel by 2020, “Belarusian oil company” has put a mandatory condition for the purchase of gasoline in the amount of not less than 40% of the claimed amount DT.

//

The increase in imports from Belarus led to a 14-percent reduction in the supply from Lithuania: from 76 thousand tons in the first quarter of 2019 to 65 thousand tonnes in the first three months of the current year. Gasoline supplies group with the Polish Orlen refinery in the first quarter of 2020 was not carried out, whereas last year during this period, Ukraine received 8,5 thousand tons.

Production of gasoline at Ukrainian refineries, according to “Consulting group A-95”, in the first quarter of 2020 increased 1%, to 211 thousand tons, the Share of Ukrainian gasoline market balance increased from 49 to 50%.

In General, the balance of the gasoline market in the first quarter amounted to 425 thousand tons, which practically corresponds to the volume of the market for the same period in 2019 (427 thousand tons).

We will remind that after 2 months of 2020 the growth of the gasoline market was 7%. In March, due to reduced demand in connection with the quarantine of shipments of gasoline on the market decreased by 12%.

As previously reported, the balance of the Ukrainian market of gasoline in 2019, was 1.95 million tonnes, which is 1.3% more in 2018 the Production of Ukrainian refineries in 2019 increased by 10% (84 kt), 908 thousand tons Import in 2019 decreased by 5.6 percent or 56 thousand tons and amounted to 1.03 million tonnes.

//

In 2018 “Ukrtatnafta” has started to lobby for the introduction of protective duties on the import of gasoline from Belarus, citing the need to protect the domestic producer against subsidized imports. At the end of 2019 from the idea of “Ukrtatnafta” was suspended, launched a campaign against the import ofn diesel fuel and LPG. Also “Ukrtatnafta” continues to insist on the revision of excise tax rates for gasoline and LPG due to the increase of popularity which the consumption of gasoline in recent years has declined.

News tags