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Oil Report

Russia pipeline fire cuts supply to refineries, Tuapse

MOSCOW, March 5 (Reuters) - An oil leak and fire on a Russian oil pipeline has cut off supplies to three refineries and the Black Sea port of Tuapse, as well as Novorossiisk port, Russian oil pipeline monopoly Transneft said on Thursday.

Transneft spokesman Igor Dyomin said supplies had been cut off to the Volgograd and Saratov refineries in Russia and the Lysychansk refinery in Ukraine. The leak occurred late on Tuesday. [ID:nL4379536]

“We hope supplies will be restored by the end of the week. The missing volumes will be compensated throughout the course of the month,” Dyomin said. (Reporting by Vladimir Soldatkin, writing by Robin Paxton)

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