Ukrtransnafta received more than €2.3 million of compensation for dirty oil

JSC Ukrtransnafta received from a part of compensation in the amount of more than €2.3 million for the ingress of oil with a high content of organochlorine compounds in the Ukrainian section of the Druzhba oil pipeline from PJSC Transneft. This, in particular, has already made it possible to cover the company's lost income due to a temporary transit stop in April”, the company said.

The company noted that the amount of compensation is determined in the framework of the supplementary agreement to the current transit agreement and depends on the period of PJSC Transneft’s reservation of the capacities of the Ukrainian oil transmission system, which has received oil with a high content of organochlorine.

On April 25, 2019, Ukrtransnafta forcedly suspended the work of the Ukrainian section of the Druzhba pipeline due to the refusal to accept Russian raw materials with a high content of organochlorine at the Budkovtse (Slovakia) receiving section and due to the lack of free tanks at the Feneshlitke (Hungary) receiving section.

On May 11, after the European side confirmed its readiness to accept raw materials, Ukrtransnafta managed to restore the transit of Russian oil to the EU countries.

Subsequently, on May 17, due to the need of European partners for additional time for carrying out preparatory activities, the operator of the Ukrainian oil transmission system for the second time forcedly suspended transit and restored it on May 21.

Since the resumption of transit, JSC Ukrtransnafta has not recorded repeated instances of receipt of oil with a high content of organochlorine compounds in the Ukrainian section of the Druzhba pipeline and continues to provide transit to Europe as planned.

Tags: Naftogaz, contracts, oil, hydrocarbon production, legislation, Ukrtransnafta, добыча нефти, RF, foreign affairs, debt

Read also

Ukrtransnafta received more than €4 million compensation from Russia for low-quality oil
Karpatnaftokhim will resume import of straight-run gasoline from the Russian Federation
The first batch of Libyan oil has arrived in Ukraine