The transit of oil from Russia has fallen to its lowest level in 10 years.

Ukraine transported approximately 11.36 million tons of Russian oil in 2024 through the southern branch of the 'Druzhba' pipeline. This information was provided by ExPro Crude Oil & Condensate Weekly.

The volumes of Russian oil transit have decreased by 16% compared to last year. This is the lowest indicator since 2014 and possibly in the history of Ukraine's independence since 1991.

The largest amount of Russian oil was supplied to Hungary - over 4.7 million tons, which approximately corresponds to the supply volumes in 2023. Also, 3.9 million tons of oil were transported to Slovakia (-15%) and 2.7 million tons to the Czech Republic (-35%).

According to ExPro estimates, Ukraine received more than 10 billion UAH or $250 million for the transit of Russian oil in 2024. In 2023, this figure was almost 9.4 billion UAH or more than $255 million.

The transit of Russian gas through Ukraine ended on January 1, 2025, with the expiration of a five-year contract, but the transit of oil from Russia continues, even in January. The average daily transit volume in the first week of January was about 34.9 thousand tons, which is 14% more than in December.

The agreement for the transportation of Russian oil was signed in 2019 for a term until the end of 2029. As a result of sanctions against 'Lukoil' in 2024, the new customer for transportation services became the Hungarian MOL Nyrt from September 9, 2024, which buys Russian oil at the Belarusian-Ukrainian border.