|Russian oil transit halted to Europe via Ukraine halted: Transneft|
Journal Staff Report
Transit of Russian oil through Ukrainian territory was halted on August 4, Russian pipeline operator Transneft said in a statement. The southern branch of the Druzhba oil pipeline passing through Ukraine carries oil to European refineries in Hungary, Slovakia and the Czech Republic on the basis of a long-term agreement between Transneft and Ukrtransnafta for the provision of oil transportation services with full prepayment. Services are provided in paid volumes.