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Rosneft

Russian pipeline oil exports via northern Druzhba down 20pc amid price row

Russian pipeline oil exports via northern Druzhba down 20pc amid price row

  • Rosneft and Surgutneftegaz decreased their oil supplies to Poland and Germany amid price disputes with European refiners following the fall in profitability of Druzhba pipeline supplies compared with seaborne Urals exports.
  • Oil exports via the route may decline further in February amid the ongoing price row.
Published 05 Feb, 2021 08:54pm