Russia\, Poland\, Ukraine\, Belarus officials discuss poor oil quality

Russia, Poland, Ukraine, Belarus officials discuss poor oil quality

AFP  |  Minsk 

Russian, Polish, Ukrainian and Belarusian officials will meet in on Friday to discuss the recent poor quality of Russian supplies that caused deliveries from to be cut short this week.

Representatives of transport companies from the four countries, as well as officials from Russia's will meet in the Belarusian capital.

Russia's Transneft, Ukraine's Ukrtransnafta, Poland's PERN and Belarus' Belneftekhim will take part in the talks.

Rumours about the poor quality of oil, with excess chloride, have circulated since Wednesday and pushed up the price of the commodity.

The delivery of Russian through the "Druzhba" ("Friendship") pipeline was interrupted Thursday towards Poland, and

Ukrtransnafta announced it will stop Ukraine's transit of the pipeline and warned of the threat of its "complete shutdown".

"Today, the refineries are working at about 50 percent of the delivery level before they had degrading characteristics," said the of Belneftekhim

He estimated losses as a result at about $100 million.

Russia's said in a statement that it was a working to resolve the issue.

called the case "quite strange" and that it could be linked to "technical problems at a Russian refinery." "It has caused some nervousness in the markets, but it seems the situation can be resolved rapidly," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 26 2019. 16:55 IST