First-Ever WTI Oil Cargo To Arrive At Odessa (Ukraine) -- May 20, 2020
From Reuters:
Ukraine’s Black Sea port of Odessa is set to receive on Wednesday its
first ever West Texas Intermediate (WTI) oil cargo from the United
States ....
Industry sources said that the UMLMA tanker has shipped in BP’s
80,000-tonnes cargo for further delivery to the Kremenchug refinery of
Ukrtatnafta. The value has not been disclosed.
Kiev has moved to
diversify its energy supplies from its ex-Soviet master, Russia,
following Moscow’s annexation of the Crimean peninsula in 2014 and
subsequent flair-up of pro-Russian insurgency in eastern Ukraine.
Odessa last received an oil cargo from the United States, the Bakken crude blend, in March.
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