Contents tagged with Transneft
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Russia’s largest independent oil refinery suspends operations
A tax maneuver which the Russian government made in the oil sector in 2018 is achieving its first significant results.
The Antipinsky Refinery, the largest refinery in the country that does not belong to one of the vertically integrated resource corporations, has suspended its operations.
The Russian transport monopoly Transneft stopped supplying the refinery with oil and removed it from its shipment plan in May, the company’s spokesperson Igor Demin told TASS on Thursday.
That same evening, …
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Putin and Lukashenko discussed contaminated oil supply from Russia
At the “One Belt, One Road” summit in China, Vladimir Putin announced that he had discussed the low-quality oil supply situation with his Belarusian counterpart Alexander Lukashenko.
The president said it was necessary to conduct an investigation, not ruling out the involvement of Russian law enforcement and special services if the internal corporate investigation is not enough. “First of all, it is necessary to conduct an investigation at the level of Transneft itself, and to identify the …
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Czech Republic follows Poland, rejects contaminated Russian oil
The scandal surrounding the incident at Transneft, which resulted in chlorine-containing substances mixing with Russian oil, continues to gain momentum.
Poland stopped accepting the oil and closed the western line of the Druzhba oil pipeline, which leads to Germany, early on Thursday. Now the Czech Republic has also stopped accepting the Russian oil, Reuters reports, citing two sources in the market.
Alongside Hungary and Slovakia, the Czech Republic receives oil through the second, southern …
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Belarus turns away from Russian oil after quality scandal
By the end of the year, Belarus plans to start buying oil from sources outside Russia after oil with excess levels of chlorine put Belarusian pipelines and refineries on the brink of technological collapse.
Deliveries from alternate sources will come in from ports in the Baltic States and Ukraine, Deputy Director General of the Belarusian Oil Company (BNK) Sergey Grib said on Tuesday.
The company is considering suppliers from Saudi Arabia, Nigeria and Azerbaijan that have grades of a similar …
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Poland reports deterioration of Russian oil quality
Poland has recorded a deterioration in the quality of oil received from Belarus via the Druzhba pipeline, reports Forsal citing the Polish pipeline operator PERN.
PERN received a fax from Gomeltransneft, which reported an increased content of organochlorine compounds in the raw materials, and later “noted this in crude oil that entered Poland”. PERN informed the Polish and German refineries about the decline in oil quality.
“We are monitoring the situation on an ongoing basis,” stated the …
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Belarusian oil refinery blames Russian oil for the equipment damage
The representatives of the Mozyr Oil Refinery in Belarus stated that poor-quality Russian oil led to the breakdown of expensive equipment, informs BelTA.
“The poor quality of the processed raw materials affected the work of the equipment,” told representatives of the refinery. They clarified that the company processes Urals oil with high chloroorganic content and high corrosive activity.
On April 19, the Belneftekhim corporation reported a deterioration of the oil quality coming from Russia . …
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Belarus limits export of petroleum products from Russia
Belarus will temporarily limit deliveries of petroleum products for export due to the quality of Russian oil, said Deputy Chairman of the Belneftekhim concern Vladimir Sizov after an operational meeting of personnel monitoring the supply of oil, BelTA reported.
It was explained that the need to limit exports comes from “the active risk of processing raw materials with degraded quality” and carrying out the planting season in Belarus. Sizov noted that deliveries will resume after the “the …
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Belarus to demand compensation from Russian Transneft for low-quality oil
Belarusian Concern Belneftekhim will demand compensation from Russian company Transneft for a low-quality oil delivery, said the Concern’s chairman Andrei Rybakou, reports BelTA.
“All possible consequences will be discussed with Transneft at the upcoming meeting. The Belarusian side will insist on working out compensation mechanisms,” Rybakou said. “The oil must be replaced with a quality product that does not contain more than the permissible concentration of organochlorine. We are working on …
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Lukashenko threatens to limit Russian oil transit to Europe
Russia-Belarus relations are being stretched to their limits. In response to the Russian phytosanitary regulatory authority’s recent decision to ban the import of Belarusian apples and pears, Minsk has now threatened to target Russia’s oil transit to Europe.
Russia “has already grown so brazen that it has started to force our hand,” said Belarusian President Alexander Lukashenko on Thursday.
He added that, if needed, Belarus is prepared to close the oil pipelines for repair, even if this …
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Belarus decides to raise tariff for Russian oil transit by a quarter
Belarus has notified the Russian company Transneft about its plans to raise oil transit tariffs by 23%, reports the RBC news agency with reference to Transneft’s President Nikolay Tokarev.
According to Tokarev, the proposal to increase the tariff for transporting oil via the Druzhba pipeline is a standard procedure.
“We have a methodology, a tariff is being agreed, and now the government will have a platform for negotiations,” said Tokarev. “23% increase is Minsk’s negotiation position and is …