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February 15, 2023, 14:00

As of April 2022, Ukraine has lost 100% of pre-war oil products sources of supply, but there was a surplus 3 months later — Serhii Kuiun

The primary outcome in the oil and gas industry in Ukraine, in terms of what has been achieved over the past year, was the complete elimination of the threat of the country running out of fuel as a whole. Serhii Kuiun, Director of A95 Consulting Group, made this statement during a briefing at the Media Center Ukraine — Ukrinform. 

“The situation was extremely critical. As of the beginning of April, we lost 100% of pre-war sources of oil supply. No other country had ever faced such a level of supply chain disruption. Nobody in the world believed that we’d make it and manage to restore supplies and provide for the needs of the army, the economy, and consumers. But just three months later, there has been a surplus of all oil brands, not a deficit. Completely new fuel supply channels were built. The brand new system is more diversified, more flexible,” Kuiun said.

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