Ukraine May Reduce Share of Import to 15% of Market of Oil Products
OREANDA-NEWS. August 26, 2011. For stability in the market of oil products it is necessary to reduced of import oil products to 15 %, simultaneously with the increase of domestic oil being processed. It in interview to the program "Energonaglyad" to "5 channel" TV said the Minister of Energy and Coal Industry of Ukraine Yuriy Boyko.
According to Yuriy Boyko for market stabilising it is necessary to return to a situation of 2004 when the volume of the oil products produced in Ukraine and imported was in the ratio 85 % to 15 %, accordingly. "We should have a same ratio what was in 2004 – we had 15 % of the import, all the rest - we have produced ourselves. Due to the fact that we have functioned duties on imports of oil products", - the Minister stressed.
As Yuriy Boyko considers, exemptions of traders of oil products from an import tax at the time of Timoshenko's government has led to prompt growth of import in the fuel market. "Unfortunately the government working then - it was the Timoshenko's government has freed from payment of importers and at us unmonitored import has rushed to Ukraine. As a matter of fact for these 5 years import has increased to 60 % at us", - the Minister noted.
As Yuriy Boyko has noted for last one and a half year, thanks to the accepted measures, the positive shears towards reduction of import and growth of own production of fuel are already appreciable. "When we have accepted business, we had 60 % of import, 40 % - ours, now - 50 % to 50 %. We gradually go to reproduction of the model existing till 2005", - the Minister of Energy and Coal Industry of Ukraine emphasized.
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