KIEV, Oct. 28 - Lysychansk oil refinery (LINIK, Luhansk region) is ready to operate its facilities at full capacity and stop refining on a tolling basis so as to supply fuel only to the Ukrainian market, if import duties are introduced, as they would neutralize the price advantage of oil refineries from the Customs Union states, TNK-BP Commerce reported.

"Observing the memorandum with the government, Lysychansk oil refinery from July 1, 2011 fully switched to Euro-4 gasoline production. In addition, in September we made a pilot batch of Euro-5 gasoline. The company is ready to further invest in Ukrainian oil refining, although we have to understand the position of the state to see if the state needs upgraded oil refineries which will supply high-quality gasoline to the market," said TNK-BP Commerce Vice President for Sales, Trading and Logistics, Olena Alekseyeva.