MOSCOW, Feb 19 (PRIME) -- Russia’s Federal Antimonopoly Service has suggested reducing oil pipeline monopoly Transneft’s pumping tariff via the Tikhoretsk–Tuapse-2 pipeline to 135.02 rubles per tonne of oil from 1,287 rubles per tonne, the service said on Tuesday in a draft ruling published on the government’s website for disclosure of legal information.
Oil major Rosneft and Transneft agreed on setting a special low investment tariff for pumping of oil via the Tikhoretsk–Tuapse-2 pipe in 2014 to finance construction of a pipeline branch from the East Siberia–Pacific Ocean pipeline to the Komsomolsk refinery of Rosneft.
Transneft finished construction of the pipeline in May 2018, but oil pumping via the pipeline is yet to be launched. Investment liabilities of Rosneft were fulfilled, and the special tariff was abolished from January 1, 2019.
(66.2470 rubles – U.S. $1)
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