• 2 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 5 minutes Middle East on brink: Oil tankers attacked off Oman
  • 8 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 2 hours Iran downs US drone. No military response . . Just Completely Destroy their Economy. Can Senator Kerry be tried for aiding enemy ?
  • 13 mins California and Oil
  • 3 hours The Inconvenient Truth Of Electric Cars
  • 7 hours The Plastics Problem
  • 3 hours Win Against Tyranny: Turkey's Opposition Strikes Blow To Erdogan With Istanbul Mayoral Win
  • 3 hours Ireland To Ban New Petrol And Diesel Vehicles From 2030
  • 12 hours Solar Panels at 26 cents per watt
  • 8 hours Hydrogen FTW... Some Day
  • 2 hours Green vs. Coal: Bavaria Seeks Fast-Track German Coal Exit in Snub to Merkel Plan
  • 18 hours NATO Article 5: Attack on one member is attack on all. Members all must come to defense . . . NOT facilitate financial transactions to circumvent and foil US Sanctions. Somebody please tell Angela.
  • 17 hours Summit in Pyongyang: China's Xi Says World Hopes North Korea-U.S. Talks Can Succeed
  • 14 hours What's more Important Iran Nuke Deal or Strong China Trade Deal. Hypothetically, If China offered Trump North Korean and Iran deals in exchange for concessions on trade deal should he take it ?
  • 3 hours Here We Go: New York Lawmakers Pass Aggressive Law To Fight Climate Change
  • 18 hours Huge UK Gas Discovery

Breaking News:

Oil Pipelines Sabotaged In Syria

Poland, Czech Republic, Hungary Tap 8 Million Barrels Oil Reserves

oil storage

Hungary, Poland, and the Czech Republic are releasing a total of 8 million barrels from their respective strategic petroleum reserves to keep refineries operating after contaminated crude forced the shutdown of the Druzhba pipeline carrying oil from Russia to customers in Europe, industry sources told Reuters on Friday.  

Last week, several countries, including Poland, shut down the flow of Russian crude oil via the 1-million-bpd Druzhba pipeline after traces of contamination were found. The oil was contaminated with organic chlorine, a substance used in oil production to boost output but dangerous in high amounts for refining equipment. The amounts of the chemical were found to be at levels much higher than the maximum allowable amount.

The tainted oil that flew through the Druzhba oil pipeline from Russia to customers in Europe was “deliberately contaminated” at a private terminal, according to Russia’s oil pipeline operator Transneft.

Earlier this week, the International Energy Agency (IEA) said that Poland had tapped its emergency crude oil stockpiles in order to keep key refineries operating.

The energy ministry of Poland decided to release 500,000 tons of oil from its strategic stocks on April 26, and another 300,000 tons on April 30, a spokeswoman for the ministry told Reuters in an emailed comment on Thursday.

Now it’s up to Poland’s refiners PKN Orlen and Lotos to decide when to use those stocks and how much to draw from them, according to the energy ministry’s spokeswoman.

The Druzhba pipeline shutdown has also impacted deliveries to Germany and Slovakia, but these two countries haven’t decided yet if they would tap into their emergency stockpiles.

Russia said at the end of last week that it expects the Druzhba pipeline to return to full normal deliveries within two weeks, while the state oil company of Belarus, Belneftekhim, said on Thursday that crude oil meeting standards arrived via the Druzhba pipeline at the Belarusian border with Russia on May 2.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News