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Russia will resume pumping oil through the Druzhba in a few hours

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Russia will resume in the next few hours the transport of oil through the Druzhba pipelinewhich was interrupted on August 4 due to the impossibility of paying the cost of transit through Ukraine, the Russian oil pipeline operator Transneft reported today.

“We carry out work to start the work. The Belarusian part also has confirmed the possibility of restarting the work (on the oil pipeline). We plan to start pumping the Mijalki-Brody section at 4:00 p.m. Moscow time (1:00 p.m. GMT),” Igor Demin, adviser to the Transneft president, told the RIA Nóvosti agency.

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Demin explained that once a sufficient amount of crude reaches Brody (in western Ukraine), it will be pumped towards Budkovtsi, so that the oil will first reach Slovakia and then Hungary.

The Hungarian oil company MOL assured this Wednesday that it has paid kyiv a sum for the transit of crude oil through Ukrainian territory in order to restart the interrupted pumping.

For now, the cost that the Hungarian company has assumed after several days of negotiations is not knownor the amount of crude oil that Ukraine can cross in exchange for the money paid.

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As reported by Russia on Tuesday, the Ukrainian company UkrTransNafta stopped on August 4 the pumping of Russian crude through the southern branch of Druzhba, which supplies Hungary, Slovakia and the Czech Republic.

Transfnet added that the outage was due to Russia’s non-payment of transit fees due to sanctions imposed on Moscow for its military campaign in Ukraine.

For its part, MOL, although it assured that Hungary has sufficient reserves for several weeks, chose to bear the costs of the Ukrainian transit to ensure supplies to its customers, who are not only in the Hungarian market, but also in other countries in the region.

The three nations affected by the oil flow cutoff depend largely on imports of Russian hydrocarbons for their energy supply, and have no access to the sea, which makes it difficult for them to diversify their suppliers.

Hungary buys 60% of the crude oil and 85% of the gas it uses from Russia. (YO)

Source: Eluniverso

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