Today, the Ukrainian fuel market is experiencing certain difficulties against the background of falling consumption combined with military risks. This was stated during a briefing by fuel market expert Serhiy Kuyun, UNN reports.
Details
The market is actually not in very good condition, because consumption is falling. We see that in the first four months of 2025, diesel and liquefied gas decreased compared to last year. There is a slight increase in gasoline. But still, the market is losing overall
Kuyun also added that additional losses are caused by Russian military attacks, which is an extremely "dangerous situation" for the market. That is why, according to him, "The bioethanol program did not work as expected.
Everyone expected that we would generate demand for our bioethanol. And in fact, we will now generate demand for European bioethanol. But on the other hand, we will at least start these programs, technologically improve them. And when, God willing, the war ends, we will be ready to "run fast", including to produce, because many companies are preparing for this
In particular, the "OKKO" network is currently building a bioethanol plant that will produce 83,000 tons per year, which is currently equal to the entire volume of production in the country. And there will be several such plants.
According to the calculations of specialized associations, we will have half a million tons of ethanol compared to today's 90,000 tons within 2 years
Let us remind you
In Ukraine, from May 1, a requirement for the mandatory content of bioethanol (alcohol) in gasoline at gas stations will come into force. Thus, all brands (except 98+ octane) must contain at least 5% bioethanol. Among the main reasons is Ukraine's obligation within the framework of European integration.