The fuel market in Ukraine is operating steadily and is fully supplied with the necessary resources, according to Deputy Minister of Energy of Ukraine Mykola Kolisnyk.
He noted that the diversification of supply routes has ensured stable and uninterrupted logistics for light petroleum products, enabling continuous delivery to consumers.
“Traditionally, January is a period of lower seasonal consumption. However, current conditions - particularly the widespread use of generators - are sustaining fuel demand. Despite this, thanks to coordinated actions by the government and market operators, this demand is being consistently met,” the Deputy Minister emphasized.
Since the beginning of the year, more than 344,000 tonnes of fuel have been imported into Ukraine. Domestic producers, he added, also play a significant role in maintaining market balance.
Mr. Kolisnyk stressed that diversification remains the key factor underpinning market stability. Fuel is supplied via road, rail, and sea routes, ensuring resilience. “No single piece of infrastructure is critical. In the event of local restrictions, the market automatically shifts to alternative routes,” he said.
Separately, the Deputy Minister underscored that the current logistical situation does not create grounds for price volatility, shortages, or market destabilization. “Fuel pricing is shaped by a combination of factors, including global prices and tax policy. Logistics does not generate risks of price fluctuations or shortages,” he noted.
He also recalled that Ukraine operates a state system for monitoring fuel volumes and quality, alongside a system of minimum reserves for oil and petroleum products. “The administrator of the electronic reporting system is JSC Market Operator. This enables the state to monitor market balance in real time, control fuel quality, and respond promptly to any emerging risks,” Mr. Kolisnyk concluded.
