LONDON/MOSCOW (Reuters) – The payments are due for hundreds of thousands of barrels of contaminated Russian oil which have been caught for weeks in pipelines from Belarus to Germany – however nobody needs to pay.

FILE PHOTO: An oil storage tank of Russian oil pipeline monopoly Transneft is pictured on the Baltic Sea port of Ust-Luga, Russia February 26, 2018. REUTERS/Vladimir Soldatkin/File Picture

Western oil firms and European refiners that purchased the oil a month in the past, earlier than discovering it was unusable, have to date kept away from freezing funds as they’re eager to keep up good long-term relations with the world’s second greatest oil exporter and keep away from…



Source link

Please follow and like us: