Rosneft to supply oil by rail

RUSSIA / FSU POLITICS - In Brief 11 Jan 2019 by Alex Teddy

Rosneft has signed a contract to transport oil by train to its Komsomolsk Refinery until June 2019. This is odd because Rosneft just spent USD 702 million on a pipeline. But Rosneft is unhappy with Transneft which has a monopoly on the pipeline. Transneft may be forced to cut its tariffs.

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