OREANDA-NEWS. December 20, 2010. Ukrnafta, a major Ukrainian oil and gas producer, had raised the starting price of the crude oil to be auctioned on the UICE on Dec 21 up to UAH 4,820 per ton, as UkraNews agency announced on Dec 17. It is 9.3% higher than the price offered at the previous auction.

Millennium Capital considers the news as POSITIVE for UNAF as the company may earn an additional UAH 72.4mn if it sells off the entire amount (1,786.5 kt) of the crude oil put up for sale through the action.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.