Ukraine decided to make the accumulation of oil and petroleum products by $ 1 billion, the state Reserve is considering two options of payment: the increase in excise duty on petroleum products and loan funds from the world Bank and the EBRD, said the Commissioner of the state Reserve of Ukraine Diana Cancer.
"together with the developments of the European Energy brotherhood, we have proposed to model the accumulation of stocks of oil and oil products in Ukraine, which would enable to cover 90 days of net imports... to provide a minimum accumulation of oil and oil products, we have to accumulate 580 thousand tons of oil and 460 thousand tons of gasoline and 930 thousand tons of diesel fuel until the end of 2022. The accumulation of this resource, the results of the examination of the Energy of brotherhood, need 1, 084 billion dollars ", - said Cancer, adding that the money will be required to pay For the purchase of fuel and then to pay For warehousing, reports UNIAN.



To create and manage the reserve in 2017, is expected to make a separate SOE " NatureServe ". Also authorized the state Reserve announced two possible options for payment of this allowance: 1 ? ? gradual increase of excise tax on petroleum products (annually Usually 35-42 cents per liter of oil for 2017-2022 years and 8 cents per liter in 2023), and the second ? is loan funds from the world Bank, the European Bank for restoration and development or other international financial institutions. Cancer said that as long as it is only a working draft. On may 26, 2016 the European energy community, which determines the overall energy policy of the member countries of that organization, said that the creation of a reserve of oil and oil products by 2022, the State Agency of reserve of Ukraine ought to allocate 1 billion dollars.

sections: Politics