8/10, 1:04 PM (Source: TeleTrader)
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Oil transfer to Hungary, Slovakia to resume today - Transneft

JSC Transneft announced on Wednesday it is planning to resume the transfer of oil through the Druzhba pipeline that goes through Ukraine to Hungary, the Czech Republic, and Slovakia, today at 4:00 pm Moscow time, 3:00 pm CET.

Adviser to Transneft President Nikolay Tokarev, Igor Demin, told RIA Novosti that pumping will first start at the Mikhalki-Brody section, then at the Brody-Budkovtsy one, and then at Feneshlitka. He explained that means Slovakia will be the first one to get oil, and then Hungary will follow.

Earlier in the day, Hungarian oil and gas company MOL Plc. and its Slovakian subsidiary Slovnaft a.s. stated they have made a deal with Ukraine about restarting the flow of Russian oil through the Druzhba pipeline.

Baha Breaking News (BBN) / JR