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2019-05-08 11:55:00

CLEAN RUSSIA'S OIL

CLEAN RUSSIA'S OIL

PLATTS - Ukraine is ready to resume shipments of Russian crude oil to the EU, state oil shipper UkrTransNafta said.

Ukraine was forced to suspend oil transit via its Druzhba pipeline on April 25 due to a problem with contamination of Russian crude.

UkrTransNafta said checks on oil coming from Russia via Belarus indicated no contamination and that the crude complied with its normal quality standards.

"Today we sent a telegram through the dispatching service on our readiness to resume oil transit through the Druzhba pipeline," UkrTransNafta said.

Ukraine does not import Russian oil directly for refining but it buys a third of its petroleum products, such as diesel fuel and gasoline, from Belarus which, in turn, relies on Russian oil supplies.

UkrTransNafta said it expected Russia to intensify oil shipments after resuming supplies to compensate for the lost revenue and to meet all contractual obligations.

Ukraine moves Russian oil to Slovakia, Hungary and the Czech Republic. The oil transit capacity of Ukraine's Druzhba pipeline is about 25 million mt/year.

From January through March, Ukraine's transit of Russian crude increased 5.2% year on year, or by 180,000 mt, to 3.4 million mt.

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Earlier:

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Operators of Belarus, Ukrainian, Hungarian and Slovakian sections of troubled Druzhba network have agreed on technical measures to clean contaminated oil from part of the system and expect normal quality oil from Russia to start entering Belarus and Urkaine in the coming days, Ukrainian pipeline operator Ukrtransnafta said Tuesday.
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Poland, Germany, Ukraine and some other countries suspended imports of Russian oil via the Druzhba pipeline this week due to the contamination. Russia said it plans to restore the pipeline to Europe to stability in two weeks.
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Tags: RUSSIA, OIL, CONTAMINATION