Free Trial
NATURAL GAS

Russian Share of European Gas Falls Further in September

CORN TECHS

(Z2) Uptrend Remains Intact

US TSY FUTURES

Mixed 10Y Trade

EQUITIES

Program seller on the cash open

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Russia's Transneft-Ukraine Confirms Payment To Resume Druzhba Oil Flows

CEE

Russia's state-run RIA reporting that pipeline operator Transneft has stated that Ukraine's pipeline operator has confirmed it has received payment for Russian oil transited via the southern leg of the Druzhba pipeline.

  • Oil supplies to Slovakia, Hungary, and the Czech Republic previously halted due to the payment issue have been resumed in recent days.
  • While this halt was due to a banking issue relating to sanctions, there remains the prospect of Russia halting or cutting back on oil flows over the coming months in a similar fashion to the reduction in gas flows through the NS 1 pipeline into Germany.
100 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Russia's state-run RIA reporting that pipeline operator Transneft has stated that Ukraine's pipeline operator has confirmed it has received payment for Russian oil transited via the southern leg of the Druzhba pipeline.

  • Oil supplies to Slovakia, Hungary, and the Czech Republic previously halted due to the payment issue have been resumed in recent days.
  • While this halt was due to a banking issue relating to sanctions, there remains the prospect of Russia halting or cutting back on oil flows over the coming months in a similar fashion to the reduction in gas flows through the NS 1 pipeline into Germany.