Belarus Seeks $70 Million Compensation for Russian Tainted Oil
MINSK (Reuters) - Belarus is seeking about $70 million in compensation because of disruption in flows in a pipeline on its territory caused by contaminated Russian oil, state news agency Belta reported on Sunday.
Vladimir Semashko, the Belarus ambassador to Moscow, said the compensation issue was discussed by presidents of the two countries in talks in the Russia city of Sochi on Saturday.
While participants in that meeting indicated they were moving closer to resolving their differences on oil and gas supplies, Belarus President Alexander Lukashenko also noted that the countries had not yet reached an agreement over compensation in their dispute over tainted Russian oil that was pumped through the Druzhba pipeline.
The potential $70 million compensation figure was reported a day later.
The Russian Druzhba pipeline, which pumps 1 million barrels per day of oil to eastern and western Europe, was found in mid-April to be contaminated. The case affected supplies to customers, including Belarus and as far west as Germany.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments