Market Analysis

Following five months of 2009, falling volumes of petroleum and petroleum products in the Odessa port totaled approximately 3 million tonnes, or 37.1% compared to same period last year. As it became known the comments, last week, the chief port of Nicholas Pavliuk informed the First Vice-Premier Alexander Turchynov.

Chief of the Odessa port reported that the Port of income, according to his own estimates, amounted to 25 mln. And with the loss of partners (railways, nefteperabatyvayuschie companies, freight forwarders, etc.), the total damage is estimated at 660 mln. This reduction in neftetranzita can hardly be explained solely crisis tendencies.

At the same time, Azov-Black Sea ports of Russia to boost volumes gruzoperevalki it is through neftegruzam. Thus, in the Novorossiysk port handling volumes of crude oil grew by 5.2% (908.9 thousand tonnes) and petroleum products - by 21.9% (968.7 thousand tons). At the level of 2008 and the figures have remained Tuapse. In two volumes have grown in Taganrog. The Black Sea port of Batumi (Georgia) increased by 1,3%.

According to experts, this trend could be achieved largely through changes in the route of supply of Kazakh oil (the owner of the resource, which is traditionally delivered in the past year through Odessa and Feodosia is a joint venture Tengizchevroil). Particularly appreciable loss to the chief of Ukraine nefteporta was a decrease of 54% of the transit of Kazakh oil, which in 2008 accounted for about 70% of the total neftetranzita through Odessa. As of June is scheduled processing of 320 thousand tons of transit oil and oil products, which is 70% less than in June last year. Maintaining such negative dynamics may lead to the loss of the port by the end of the year reached 70 million UAH. (and taking into account smezhnikov - around 1.5 bln.).

main reason for the reorientation transit Nicholas Pavliuk calls abolition from 1 January to discount fares, which for years has stimulated the increase in freight traffic neftetranzitnyh. Since September 2008, acted Rates $ 2.1 /t, which applied a 50% discount. And from January 1, 2009-nd discounts abolished. Given the increase in railway tariffs cost handling tons of oil began in Odessa on the $ 3.5 higher than in Novorossiysk. That is, for the processing of the volume at the level of 2008, the shipper must pay an additional U.S. $ 50-55 million

justifying the abolition of rebates, Joseph Vinskyi in the early years, explained: There will be a normal tariff policy, based on market conditions. We will review the situation with all tariffs in the Black Sea basin and build competitive rates. In 2008, with steadily growing transit traffic from Russia and Kazakhstan, the removal of tariff preferences for freight forwarders is considered justified. Capacity of the Russian Black Sea-Azov ports is not enough for handling its exports, and transportation capacity of Ukraine there was a constant demand. Under such conditions, the practice of rebates seen as loss of income Укрзализныци.

With regard to the economy of ports, the specifics of such goods involves high profitability even at low rates. Transshipment in Odessa is implemented through joint activities with Synthesis of Oil. In addition to this company to a group of Odessa refinery includes OAO Eksimnefteprodukt , OAO Odessnefteprodukt and Ukrloudsistem.

worth noting thatthe capacity for oil products, technological pipelines, access roads, unloading station wagon owned by these companies. The property of the port quays and treatment of ballast water. In fact, the port earned that through his piers pumped oil and oil products to and from tankers.

As reported in the Odessa port, to proposals to establish competitive with rates in Novorossiysk Mintranssvyazi not heeded. The transport department did not want to make adjustments, but only requested to approve the new rates (which will last more than one month). It will be recalled that under the draft federal program Development of the transportation system of Russia for the period 2010-2015 the capacity of ports in southern Russia by 2016 should increase to 250 million tonnes a year. This was 60-70% higher than today, and implies a return of Russian cargoes in transit, and the reorientation of the Kazakh port of Ukraine. So far, our country presents itself trumps competitors in the struggle for millions of dollars in extra profit.

Alexander Arbuzov

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