To ensure the production of Ukrzaliznytsia has announced a tender to purchase 60 thousand tons of diesel fuel, with the use of formula pricing. About it reports a press-service of the company.

Vendors will offer the lots for 20 thousand tons each. The total expected cost of procurement 1.67 billion UAH. Auction will be held at the updated model formula pricing.

“I took into account all the wishes of the traders and made the appropriate changes in the tender documentation, so expect a full understanding. I am sure that the new formula is a fair mechanism of calculating the price, which will form a long-term supply of fuel and ensure stable operation of the industry”, – said the head of Ukrainian Railways Evgeny Kravtsov.

Proposals from companies will be accepted until 26 December 2017.

Formula account gives you the opportunity to change the purchasing price of diesel, considering the price quotations Platts and exchange rates. Depending on fluctuations in the market price of the contract may increase or decrease according to the formula with the use of the index changes in the indices of Platts.

As previously reported, the Kyiv appeal economic court has endorsed the view of NABOO that Ukrzaliznytsia has overpaid UAH 92 million for diesel fuel purchased from OOO WOG Aero jet.

Ukrzaliznytsia will buy a 60 thousand ton of diesel fuel at the formula price 27.11.2017

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