Page 8 - FSUOGM Week 33 2022

FSUOGM PIPELINES & TRANSPORT FSUOGM

Oil flows to resume via Ukrainian

section of Druzhba oil pipeline

UKRAINE UKRAINE’S oil transport monopoly Ukr- being the main consumer of oil transported by
transnafta resumed sending Russian oil via the the southern branch of Druzhba oil truck pipe-
Hungary covered the Ukrainian section of the Druzhba oil pipeline to line, took the initiative to undertake to pay tran-
cost of oil transit via Slovakia and Hungary on August 11, Ukraine’s sit fee for Russian oil transportation,” Naftogaz
Ukraine. gas company Naftogaz said in a press release. added.
Ukrtransnafta cut off Russia’s oil transit via On 10 August 2022, JSC Ukrtransnafta
the Ukrainian section of Druzhba oil pipeline received payment for transportation services
on August 4 due to a dispute over transit fee from MOL, the Hungarian oil company, and at
payments. Russia’s pipeline monopolist Trans- 4:30 p.m. Kyiv time, once the funds were received
neft failed to make advance payments for the oil to the account, resumed the oil flows via Ukrain-
transportation transit fees. Ukrtransnafta said ian section of the pipeline, Naftogaz reports.
it was unable to accept the payment due to the “Ukrtransnafta has received no data on tran-
sanctions imposed on Russia by the West. sit fee payment from the Czech Republic so far.
“The contract between Ukrtransnafta and Ukrtransnafta hasn’t received any official letters
Transneft for transportation services requires from Transneft informing that Mero, the com-
100% prepayment for oil transit flows. Therefore, pany operating the section of Druzhba pipeline
transportation is possible only in the event of the in the Czech Republic, would pay transit frees
prepayment for such services,” Naftogaz said. for the oil flows to that country,” Naftogaz said.
“Since no funds were received from PJSC “Ukrtransnafta continues to fulfil its contractual
Transneft, MOL, the Hungarian oil company, obligations as normal.” ™

P8 www. NEWSBASE .com Week 33 17•August•2022