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Ukraine’s oil shipper pays off TNK-BP loan for crude to Odessa-Brody
Journal Staff Report

KIEV, July 20 - UkrTransNafta, Ukraine’s state oil shipping monopoly, paid off a loan to Russian oil major TNK-BP that had been provided in 2004 to buy crude for filling in Odessa-Brody oil pipeline, UkrTransNafta’s press service said.

The loan was issued for starting moving Russian crude from Brody to Odessa, which had made it impossible to ship Caspian Sea crude from Odessa to Brody and further to European customers.




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