You're reading: Russia asking Ukraine consider possible return of Kremenchuk oil refinery

Russia has asked Ukraine to consider the possibility of return of Kremenchuk oil refinery, Russian Deputy Energy Minister Sergei Kudryashov told reporters on the sidelines of the St. Petersburg Economic Forum.

"Yes, we have raised this issue before the Ukrainian side," he said.

However, Ukraine has not yet responded to the proposal, the deputy minister added.

"We haven’t received any clear answer so far," he said.

As reported, Ukrtatnafta was created based on decrees issued by the Ukrainian president and the president of the Russian Republic of Tatarstan in 1994. The company was set up on the core of Kremenchuk oil refinery, which has the capacity to refine up to 18.6 million tonnes of crude oil per year.