The use of the pipeline in the reverse direction made it possible to fully manage the asset, balance the market of oil products, and also increased the energy independence of the state under martial law.
The manager of the arrested oil product pipeline Samara Western Direction Ukrtransneft transferred more than 10 million hryvnias of net proceeds from asset management to the state budget. This was reported by the press service of the Asset Tracing and Management Agency (ARMA).
“These receipts do not take into account the taxes paid by the manager and costs for the maintenance and operation of the seized property. In addition, following the results of 2022, the manager – JSC Ukrtransneft – implemented reverse supply of diesel fuel to the Ukrainian section of the oil pipeline from Hungary to Ukraine in the amount of 1,” the statement said. message.
It was reported that in 2021, a part of the main oil product pipeline Samara – Western Direction, located on the territory of Ukraine, was transferred to the management of ARMA.
“After the start of the full invasion of the Russian Federation, due to the impossibility of continuing the operation of the oil product pipeline in the direction of the project of pumping oil products from the Republic of Belarus, as well as the need to ensure the state of the defense capability to meet the needs of the Armed Forces of Ukraine in war conditions, JSC Ukrtransneft started pumping diesel fuel in the reverse direction of work from the territory of Hungary to the territory of Ukraine “, – added to ARMA .
ARMA added that the use of the pipeline in the reverse direction ensured the possibility of full asset management, balance in the oil market, and also increased the energy independence of the state under martial law.
We add that the pipeline Samara – Western direction is known as “Medvedchuk pipe”
Earlier it was reported that the court arrested the assets of Medvedchuk’s wife in the amount of one billion.
The SBU detained PR man Medvedchuk, who called for the “division” of Ukraine
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Source: korrespondent

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.