• 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
  • 21 mins Iran downs US drone. No military response . . Just Completely Destroy their Economy. Can Senator Kerry be tried for aiding enemy ?
  • 38 mins California and Oil
  • 4 hours The Inconvenient Truth Of Electric Cars
  • 8 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
  • 9 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.
  • 18 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 ?
  • 4 hours Here We Go: New York Lawmakers Pass Aggressive Law To Fight Climate Change
  • 19 hours Huge UK Gas Discovery

Breaking News:

Oil Pipelines Sabotaged In Syria

Iran: A Geopolitical Time Bomb

Iran: A Geopolitical Time Bomb

Oil markets have turned particularly…

Russia: Clean Crude Oil To Reach Slovakia, Hungary Within Week

Oil pipeline

Russia is sending clean within-standards crude oil via the Druzhba pipeline toward Hungary and Slovakia, with first clean oil expected to arrive at the metering stations in those countries within a week, Russia’s energy ministry said on Wednesday, a month after supplies were halted due to contaminated crude.

Russia also continues negotiations with Poland in view of restarting the crude oil flow via the pipeline to the Adamova Zastava station, Russian media quoted the country’s energy ministry as saying in a statement.

The now month-long suspension of Russian oil supply via pipeline to several European countries comes as global supply outages mount with Venezuela and Iran, and with increasing supply disruption risks in Libya or in the Middle East.

Last month, Russia halted supplies via the Druzhba oil pipeline to several European countries due to a contamination issue, which the Russians say was deliberate.  

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 Russian oil supply contamination has disrupted the refinery operations of some companies. Total, for example, halted last week some of the units at its 230,000-bpd Leuna refinery in Germany to conduct technical checks. On Thursday, Total declared force majeure on shipments of refined oil products from the Leuna refinery.

Total and Eni are said to have suspended payments to the Russian companies that sold them contaminated crude, in a new controversy in what trading sources described to Reuters as the “biggest Russian oil supply disruption ever.”  

Russian pipeline operator Transneft will compensate its customers for the losses they have sustained due to the contaminated oil, Russian Deputy Prime Minister Dmitry Kozak said last week, noting that refiners must first prove their damage and loss in order to claim compensation.

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