MOSCOW, March 17 (Reuters) - Russia's piped supply of
Urals crude to the European Union (EU) via the southern spur of
the Druzhba pipeline in the current January-March quarter is set
to rise 6% on a daily basis from October-December 2022, data
provided by industry sources and Reuters calculations showed.
The EU pledged to stop buying Russian oil via maritime
routes from Dec. 5. Supply via the Druzhba pipeline remains
exempt from sanctions though flows via its northern spur dried
up last month.
Flows to the Czech Republic, Slovakia and Hungary will rise
to about 3.1 million tonnes from some 3 million, according to
trade, industry sources and Reuters calculations.
The southern branch of the Druzhba pipeline runs via Ukraine
to the three countries and has been the primary source of supply
for their refineries for years.
The main buyer of Urals crude in Slovakia and Hungary is the
Hungary's MOL , while the Czech Republic's sole buyer
Unipetrol is controlled by Polish firm PKN Orlen .
MOL, PKN Orlen and Russia's pipeline monopoly Transneft did
not reply to requests for comment. Russia's Energy Ministry
declined to comment.
(Reporting by Reuters; editing by Jason Neely)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.