Russia’s Transneft says Druzhba pipeline oil flows resume after suspension – TASS

Nov 23 (Reuters) – Oil pumping via the Ukrainian part of the Druzhba pipeline has resumed on the scheduled quantity after being partially suspended, Russia’s state-owned pipeline operator Transneft (TRNF_p.MM) mentioned on Wednesday, in response to Russia’s TASS information company.

It was not instantly clear what brought on the partial suspension. It got here as Russia rained down missiles throughout Ukraine, forcing shutdowns of nuclear energy crops and triggering electrical energy minimize offs even throughout the border in Moldova.

“At 1946 Moscow time (1646 GMT), pumping resumed,” TASS cited Transneft spokesman Igor Dyomin as saying.

With the capability to pump greater than 2 million barrels per day (bpd), Druzhba is without doubt one of the largest oil pipelines on this planet, supplying Russian oil to a number of Jap and Central European international locations together with Poland, Germany and Hungary.

The functioning of the pipeline has, nonetheless, been disrupted a number of occasions on account of the struggle in Ukraine. Final Tuesday, provides to Hungary and Slovakia from the southern department of the pipeline have been quickly suspended.

Commenting on the most recent shutdown, Hungarian International Minister Peter Szijjarto mentioned additional provide disruptions could possibly be anticipated as Ukraine works to restore its broken vitality infrastructure.

“We now have anticipated this (short-term disruptions) and have ready for this,” he mentioned in a Fb video. “These conditions don’t have an effect on the security of Hungary’s oil and vitality provide.”

Szijjarto mentioned Hungary, closely reliant on Russian vitality imports, would search exemptions from any European Union value caps on pipeline oil and gasoline provided below long-term contracts, together with one with Russia’s Gazprom. Russia has mentioned it won’t provide oil to international locations that implement a value cap.

Hungarian oil and gasoline group MOL (MOLB.BU) didn’t reply to a Reuters request for remark. The corporate mentioned final week it will quickly curb gasoline deliveries to some retailers as oil provides from Russia fell “considerably” beneath regular ranges. learn extra

The Ukrainian state oil pipeline firm UkrTransNafta and the Ukrainian Power Ministry weren’t instantly out there for remark. The ministry mentioned earlier on its Fb web page that the missile strikes had minimize off energy for “the overwhelming majority of electrical energy customers throughout the nation”.

Reporting by Reuters; Enhancing by Kevin Liffey

Our Requirements: The Thomson Reuters Belief Ideas.

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