Ukrainian Energy Exchange (UEEX) is constantly working on improvement of exchange trading in Ukraine and is in a permanent search of new services and tools for participants of exchange trading of oil products in Ukraine.

Market participants, who would like to be able to quickly and accurately calculate the cost of transportation of petroleum products in Ukraine increasingly began to address UEEX, because UEEX is frequently trading lots of cargo shipped in a variety of ways, and it would be very useful to develop a specific service for such operations.

Given the market demand, UEEX experts together with PJSC "Ukrgasvydobuvannya" has developed, tested and published ready-to-use logistics calculator on auto transportation with possibility to calculation cost of transportation of various types of petroleum products. Calculator helps one to calculate the cost of acquisition of the goods at the recipient based on the cost of the bulk density of products and supply of the shoulder.

"The tool we have developed with an eye to the needs of primarily the buyers and provided it completely free to everyone. This is our gift to the bidders thanks to whom the implementation is transparent and modern market environment would be impossible. Such a calculator before bidding will allow one to calculate the cost of goods delivery to the buyer, which will make trading more efficient and transparent, because the buyer will know the final cost of the product, both in tons and in liters" - said CEO of Ukrainian Energy Exchange Oleksandr Kovalenko.