Oil firm Tatneft, one of the two key suppliers of Russian crude to the Czech Republic, said yesterday it had reduced deliveries because it had rerouted volumes to Turkey due to better prices.
“We were simply lacking volumes to meet our supply plan for Tupras,” Nurislam Subayev, adviser to Tatneft’s deputy general director, told Reuters. Tupras is Turkey’s biggest refiner and a large importer of crude from Tatneft.
“(Tupras) are our longtime partners and the margins are better there,” he said. He declined to specify the scale of the cut and said that Tatneft would soon return to normal supply volumes to the Czech Republic via the Druzhba pipeline.
(KATHIMERINI, 07/16/2008)