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BUDAPEST/PRAGUE, Nov 15 (Reuters) - Oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline has been temporarily suspended, according to oil pipeline operators in Hungary and Slovakia. The Druzhba pipeline network originates in Russia and splits in Belarus into Ukraine, where it splits again, supplying several countries in Eastern and Central Europe that depend on that oil, including refineries in landlocked Hungary, Slovakia and the Czech Republic. Czech pipeline operator MERO has not observed disruptions so far in the flow of oil through the Druzhba line, a spokeswoman said on Tuesday. Polish pipeline operator PERN said late on Tuesday that oil is flowing normally via the Polish section of the line. The Druzhba pipeline network originates in Russia and extends into Eastern and Central Europe.
SummarySummary Companies This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Nov 15 (Reuters) - Russia's state-owned pipeline monopoly Transneft (TRNF_p.MM) has been notified by Ukraine that oil supply to Hungary via the Druzhba oil pipeline's southern leg is temporarily suspended, the RIA news agency quoted Transneft as saying. "Ukrainian side has informed us that they have suspended (oil) pumping towards Fenyeslitke (in Hungary) due to voltage drop," RIA quoted Igor Dyomin, an aide to Transneft president, as saying on Tuesday. UkrTransNafta, the company that operates the Ukrainian section of Druzhba, was not immediately available for comment. Hungarian company MOL said in an emailed statement separately that it was notified by Ukraine that oil supply to Hungary, Slovakia and the Czech Republic via the Soviet-era built Druzhba pipeline has been temporary suspended. MOL's reserves were sufficient to ensure continuous supply in Hungary until the situation is resolved, it added.
SummarySummary Companies Russia's Transneft: notified by Ukraine of oil supply suspension to Hungary via Druzhba - RIASlower U.S. producer price growth prompts inflation optimismChina reports increase in COVID-19 infectionsComing up: API data on US crude stocks at 4:30 p.m. ETNEW YORK, Nov 15 (Reuters) - Oil prices rose on Tuesday more than 1% after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a fall in pressure. Brent crude futures rose $1.38, or 1.5%, to $94.52 a barrel at 2:22 p.m. EST (1922 GMT). U.S. West Texas Intermediate crude rose $1.60, or 1.9%, to $87.47. Russia's state-owned pipeline monopoly Transneft (TRNF_p.MM) has been notified by Ukraine that oil supply to Hungary via the Druzhba oil pipeline is temporarily suspended due to a fall in pressure, the RIA news agency quoted Transneft as saying on Tuesday.
WARSAW, Nov 15 (Reuters) - Oil is flowing normally via the Polish section of the Druzhba Pipeline, pipeline operator PERN said late on Tuesday after media reported that oil supply to Hungary via the pipeline was temporarily suspended due to a fall in pressure. "I have no information about disruptions, shipments are carried out normally," Karolina Krasinska, PERN's spokeswoman, told Reuters. Reporting by Marek Strzelecki; writing by Anna Koper; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Companies MOL Magyar Olajes Gazipari Nyrt FollowBUDAPEST, Nov 15 (Reuters) - Hungarian oil and gas group MOL (MOLB.BU) said on Tuesday that it had been notified by Ukraine that oil supply to Hungary, Slovakia and the Czech Republic via the Druzhba pipeline has been temporarily suspended. MOL said its Ukrainian partner notified the company that a power station near the pipeline in Ukraine close to the Belarus border that provides electricity for a pump station, was hit by a Russian rocket and that led to the stoppage. Reporting by Krisztina Than; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Hungary PM Orban convenes defence council meeting
  + stars: | 2022-11-15 | by ( ) www.reuters.com   time to read: 1 min
BUDAPEST, Nov 15 (Reuters) - Hungarian Prime Minister Viktor Orban has convened a meeting of the defence council on Tuesday after crude shipments on the Druzhba pipeline were suspended and there was an explosion in a village in eastern Poland near the border with Ukraine. Hungary's defence minister had consulted with NATO Secretary General Jens Stoltenberg over the phone before the meeting, Orban's press chief told state news agency MTI. Reporting by Krisztina Than; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
TSX rises as investors cheer U.S. inflation data
  + stars: | 2022-11-15 | by ( Fergal Smith | ) www.reuters.com   time to read: +2 min
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended up 72.97 points, or 0.4%, at 19,994.78. "It is a growing sense that the Fed could start to slow the pace of interest rate hikes." Canadian inflation data for October, due on Wednesday, could help guide expectations for further tightening from the central bank. Halfway into November, the TSX looked set for its second straight month of gains as investors welcomed signs of decade-high inflation cooling. Reporting by Fergal Smith; Additional reporting by Johann M Cherian in Bengaluru; Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.
Companies Pern Spólka Akcyjna FollowWARSAW, Oct 15 (Reuters) - Polish pipeline operator PERN said on Saturday that the pumping of crude oil in the damaged Druzhba pipeline has been restored. "PERN's technical services restored the full functionality of the damaged pipeline used to deliver crude oil to the company's German customers on Saturday," PERN said in a statement. The leak was discovered late on Tuesday and PERN said the next day that there was no sign that third-party interference caused the damage. Currently, the activity of PERN services is focused on clearing the area and restoring it to its original condition, PERN said on Saturday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Pawel Florkiewicz; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Poland repairing oil pipeline, says no indication of sabotage
  + stars: | 2022-10-13 | by ( ) www.reuters.com   time to read: +2 min
Firefighters work in the field near the Druzhba pipeline where an oil leak was detected, near the village of Zurawice, Poland, October 12, 2022. REUTERS/Kacper Pempel/File PhotoCompanies Pern Spólka Akcyjna FollowWARSAW, Oct 13 (Reuters) - Repairs to a pipeline carrying Russian oil to Germany have begun and Poland does not think the incident was sabotage, the top Polish energy security official told Reuters on Thursday. Berger said the leak was caused by a "relatively large" fracture along the pipeline, adding that repairs have already started. Polish Prime Minister Mateusz Morawiecki had earlier on Wednesday told public radio that it was too early to say whether the leak was accidental damage or caused by sabotage. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marek Strzelecki; Editing by Alexander Smith and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
A leak has been detected in another pipeline that carries energy supplies from Russia to Europe — but the Polish government has said the damage was likely accidental. The leak was detected Tuesday night in one line of the Druzhba oil pipeline just over 40 miles from the Polish city of Plock, its operator PERN said Wednesday. The pipeline operator said the portion of pipe affected was the main route through which crude oil reaches Germany. “Here we can talk about accidental damage,” Poland’s top official in charge of energy infrastructure, Mateusz Berger, told Reuters by phone. The pipeline operator said other parts of the pipeline appeared to be operating normally.
Factbox: The Druzhba oil pipeline from Russia to Europe
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +1 min
Oct 12 (Reuters) - Polish operator PERN has detected a leak in one pipeline in the Druzhba system that carries oil from Russia to Europe, it said on Wednesday, an event that will add to concerns about Europe's energy security after the Nord Stream gas pipeline leak. Below are a few facts about the pipeline:* Druzhba is one of the largest oil pipelines in the world, and was built by the Soviet Union. Register now for FREE unlimited access to Reuters.com Register* It starts in central Russia and connects West Siberian oil fields to major refineries in Europe. * The Druzhba pipeline splits into two legs with the bigger, northern one going to Poland and Germany. This section has been pumping around 2 million tonnes, or 490,000 bpd, in recent months.
Companies Pern Spólka Akcyjna FollowWARSAW, Oct 12 (Reuters) - Polish operator PERN has detected a leak in one pipeline in the Druzhba system that carries oil from Russia to Europe, it said on Wednesday, an event that will add to concerns about Europe's energy security after the Nord Stream gas leak. It was detected in a section of the pipe around 70 kilometres from the central Polish city of Plock. The second line of the pipeline, and other elements of PERN's infrastructure, were working as normal, PERN said. A spokesperson for the Czech pipeline operator MERO said it had not seen any change in flows to the Czech Republic. It was not immediately clear how significant the leak in the Druzhba pipeline was.
Firefighters work in the field near the Druzhba pipeline where an oil leak was detected, near the village of Zurawice, Poland, October 12, 2022. Poland said the leak in one of the Druzhba pipelines on the main route for oil to Germany was probably caused by an accident. EU nations have been seeking to reduce their reliance on Russian energy in response to Russia's invasion of Ukraine in February. EU energy ministers were meeting in Prague on Wednesday to try to agree new measures to tackle the crisis. Rocketing gas prices across Europe and Britain have driven up the cost of electricity.
PERN said pumping on the damaged Druzhba line, which delivers oil to Germany, was immediately switched off and the scene had been secured. Polish pipeline operator PERN said Wednesday that a leak detected on one of its Druzhba pipelines bringing oil from Russia to Europe was likely caused by an accident. The leak was detected on Tuesday evening on one of the two lines of the Western section of the pipeline, PERN said in a statement. PERN said pumping on the damaged line, which delivers oil to Germany, was immediately switched off and the scene had been secured. The Druzhba pipeline, which translates as "friendship" in Russia, is one of the biggest oil pipeline networks in the world, delivering crude from Russia to much of central and eastern Europe including Germany, Austria, the Czech Republic, Hungary, Belarus, Poland and Slovakia.
The receiver station of the Druzhba oil pipeline between Hungary and Russia is seen at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File PhotoBUDAPEST, Oct 10 (Reuters) - Hungary and Serbia have agreed to build a pipeline to supply Serbia with Russian Urals crude via the Druzhba oil pipeline as Belgrade's shipments via Croatia fall under EU sanctions, the Hungarian government said on Monday. Serbia gets its oil via the JANAF oil pipeline from Croatia. "The new oil pipeline would enable Serbia to be supplied with cheaper Urals crude oil, connecting to the Friendship oil pipeline," Hungarian government spokesman Zoltan Kovacs tweeted. Hungary has gas reserves covering about five to six months' worth of consumption, Prime Minister Viktor Orban said.
Register now for FREE unlimited access to Reuters.com Register"Russian Urals oil has always been a grade for Europe. It’s much easier for it to negotiate private deals than publicly commit to some price limitation dictated by the West," another trader involved in Russian oil trading told Reuters. Russia also supplies Europe with around 3.2 million tonnes of oil per month via the Druzhba pipeline. "Small players are definitely not enough for Russian oil to be absorbed. China is the last resort for the Russian oil or Moscow has to cut output eventually," a third trader involved in the Russian oil market said.
Outside the EU, Russia's top crude oil export markets are China, India and Turkey. Some Russian oil will continue to flow into the EU via pipelines as the ban excludes some landlocked refineries. read moreHOW MUCH DOES THE EU DEPEND ON RUSSIAN CRUDE IMPORTS? Russian oil exports by destinationGermany, the Netherlands and Poland were the top importers of Russian oil in Europe last year, but all three have capacity to bring in seaborne crude. Russian crude oil flows, based on loading data in August, rose month-on-month to Italy and the Netherlands, where Russian oil major Lukoil owns refineries, according to the IEA.
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