Left Menu
Development News Edition

UPDATE 3-Russia to restart clean oil supply via Druzhba fully in May or early June

Reuters | Updated: 15-05-2019 23:28 IST | Created: 15-05-2019 23:28 IST
UPDATE 3-Russia to restart clean oil supply via Druzhba fully in May or early June
Exports of clean Russian oil via the Druzhba pipeline, interrupted due to contamination, will be fully restored in late May or early June, Russian Energy Minister Alexander Novak said on Wednesday. Piped exports of Russian crude have been disrupted since late April after high levels of organic chloride were found in oil sent via Druzhba to the Baltic port of Ust-Luga.

Belarusian President Alexander Lukashenko said last week his country had faced "enormous" costs due to the contamination and expected compensation from Russia, although the mechanism for any redress and who would pay remained unclear. Novak said the cost of damage from contaminated oil in the Druzhba pipeline was less than $100 million and Russia may sell the poor-quality oil at a discount, RIA news agency reported.

The disruption of exports from Russia, the No.2 crude exporter after Saudi Arabia, has sent shockwaves through global oil markets and forced Moscow to cut its oil production to an 11-month low of around 11.16 million barrels per day. TALKS

Russian Deputy Prime Minister Dmitry Kozak will on Thursday discuss a resumption of oil supplies along Druzhba with his Belarusian counterpart Igor Lyashenko, Kozak's aide told reporters. Kozak said clean Russian oil may reach Poland within a week, TASS news agency reported on Wednesday, while Russian oil pipeline monopoly Transneft said deliveries of clean Russian oil via the northern leg of the pipeline to Poland and Germany were expected to resume in the near future.

Belarus is a major transit route for Druzhba, which means friendship. The Belarusian Mozyr oil refinery is the hub where the pipeline splits into two branches, one leading to Poland and Germany, another going south to Ukraine, Hungary and Slovakia. Transneft also said clean oil would be delivered via the pipeline to Slovakia on May 21-22 and on May 23-24 to Hungary, Interfax news agency reported.

The contamination and subsequent supplies disruptions have forced Poland, Hungary and the Czech Republic to tap strategic reserves in order to feed refineries. On Tuesday, pipeline operators from Ukraine, Russia, Belarus and other countries held crisis talks in Bratislava but the meeting yielded no concrete agreement. Talks will continue at a later date in Moscow.

The International Energy Agency said the impact on European refinery throughput in the second quarter of 2019 from the pipeline contamination is seen at roughly 250,000 barrels per day, under 2% of the continent's product demand. (Reporting by Vladimir Soldatkin, Maria Grabar and Polina Devitt; additional reporting by Ahmad Ghaddar in London; writing by Vladimir Soldatkin; Editing by Dale Hudson, Jason Neely and Kirsten Donovan)


TRENDING

OPINION / BLOG / INTERVIEW

Rethinking Rural Livelihoods in the Times of COVID-19

The reverse migration caused by COVID 19 pandemic has put an additional burden of about one crore people on Indian villages particularly in the states of Uttar Pradesh, Bihar, Bengal and Odisha. Besides increasing the risk of spreading the ...

‘Discounted Deaths’ and COVID 19: Anthropology of Death and Emotions

Death is a social event rather than the mere cessation of biological functions. As seen by anthropologists, death is not just physical but intensely social, cultural, and political....

Indigenous knowledge of communities a must for maximizing impact of community work

Generally, it has been observed that the majority of the academicians in higher education institutions neglect the wisdom of community people and throw their weight around thinking that they know everything and the community knows nothing. ...

In rebuking FBR, Pakistan’s courts take a stand for public health

The system, if implemented effectively, will allow Pakistans revenue service to combat the illicit trade in tobacco products and potentially add hundreds of millions of dollars to the states budget each year. ...

Videos

Latest News

GRAPHIC-Coronavirus and the global economy

The novel coronavirus has disrupted the global economy to an extent never seen before. The shutdowns imposed to slow its spread have sent economic output crashing, caused financial market panic and curtailed travel, leisure and social life ...

25 new COVID-19 cases in Mumbai's Dharavi, count reaches 1,830

With 25 new COVID-19 cases reported in Asias most populated slum area -- Dharavi -- on Tuesday, the total number of positive cases in the area has reached 1,830. 25 new COVID-19 positive cases have been reported in Mumbais Dharavi area toda...

IIT Roorkee researchers develop anti-microbial nanocoating system for PPE to tackle COVID-19

A team of researchers at IIT Roorkee has developed a nanocoating system to be used for face masks and personal protective equipment PPE for reducing the transmission risk of COVID-19. This coating has been tested to effectively kill pathoge...

India approves emergency use of remdesivir to treat COVID-19 patients

Indias government said on Tuesday it has approved Gilead Sciences Incs antiviral drug remdesivir for emergency use for five doses in treating COVID-19 patients.Remdesivir, which is administered intravenously in hospital, is the first drug t...

Give Feedback