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UPDATE 1-Compensation for tainted Russian oil to be decided company by company - minister

Mon, 10th Jun 2019 16:27


* Compensation for tainted oil differs for ports and pipeline - deputy energy minister

* Tainted oil in southern Druzhba put in storages

* Ust-Luga port to have 2.5-4 ppm of chloride

* Europe to get Russian oil with 'minimal' chloride levels (Adds details, quotes, background)

By Olesya Astakhova

ST PETERSBURG, June 10 (Reuters) - Compensation for the tainted Russian oil supplied to Europe earlier this year via the Druzhba pipeline and in cargoes will be decided company by company, Russia's Deputy Energy Minister Pavel Sorokin told Reuters.

Russia halted some oil supplies in April after excessive levels of organic chloride were found in the million barrel-per-day Druzhba pipeline that crosses Belarus and serves customers as far west as Germany.

The Baltic sea port of Ust-Luga was also contaminated.

Druzhba splits into the two routes in Belarus. Russia has managed to restore some supplies of clean oil to Poland via Druzhba's northern leg and to Ukraine, the Czech Republic, Hungary and Slovakia in the south.

Officials have said that it will compensate oil producers for their losses from the tainted oil, while oil firms in turn should talk to their customers about losses further down the supply chain.

The state oil pipeline monopoly Transneft is to pay compensation rather than the state, they said.

France Total and Russia's Lukoil have both said that the compensation per barrel of the tainted oil should stand at around $15. (Reporting by Olesya Astakhova; Writing by Katya Golubkova; Editing by David Evans and Jan Harvey)



(c) Copyright Thomson Reuters 2019. Click For Restrictions - https://agency.reuters.com/en/copyright.html





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