VETEK Group of Companies signed a long-term contract with Vitol to supply vacuum gasoil produced by the Odessa oil refinery.

Also, VETEK Group of Companies signed a long-term contract with Trafigura for the supply of high-sulfur fuel oil produced by the Odessa oil refinery.

The main type of crude oil used by the Odessa Refinery is the Urals one, which is shipped from Sheskharis terminal, from the port of Novorossiysk.

In the nearest future, the Odessa Oil Refinery will increase the level of processing and, as a result, the volume of crude oil purchases.

VETEK GC strategy is focused on investment in projects with high growth potential in Ukraine, CIS and Europe, as well as development of socially important projects in Ukraine, including restoration of the refining sector. The consolidation of energy assets and operations under VETEK brand started in 2013.

VETEK runs its processing and refinery operations through PJSC Odessa oil refinery plant, which capacity reaches up to 2,5 mln tons per year and a product portfolio includes Euro-4 and Euro-5 grade gasoil, VGO, fuel oil, jet oil and bitumen.