Ukraine cut off Russian oil shipments to Europe

Ukraine cut off Russian oil shipments to Europe

Supplies through a branch of the pipeline Druzhbawhich serves Hungary“have been discontinued since August 4,” the company said transneft it’s a statement.

According to Transneft, on July 22, it made payments for oil transit in August to the Ukrainian pipeline operator ukrtransnaftabut the money was returned on July 28 as the payment failed to materialize.

Gazprombankwho managed the payment, said that the money was returned due to the restrictions of the European UnionTransneft said in a statement.

Russia normally supplies some 250,000 barrels per day (bpd) through the southern section of the Druzhba pipeline to Hungary, Slovakia and the Czech Republic.

hungarian companies MOL Y Unipetrolcontrolled by PKN Orlen, are the main buyers of oil through the route, while the Russian Lukoil, Rosneft Y Tatneft They are the main providers.

MOL, PKN Orlen and Ukrtransnafta did not immediately respond to Reuters requests for comment.

Russia has already reduced gas pipeline flows to many EU members, citing problems with the maintenance of the pipeline’s turbines. North Stream 1as well as sanctions against some buyers that Moscow describes as “unfriendly”.

Source: Ambito

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