First it was concerns over whether Ukraine would 'steal' gas supplies bound for Europe as it passed through pipelines in the country and now, as bills remain unpaid, a Transneft unit is threatening to halt Ukraine oil products supply due to pipeline theft.
- *TRANSNEFT COMMENTS ON OIL PRODUCTS PIPELINE IN UKRAINE
- *TRANSNEFT MAY STOP WORK OF PRIKARPATZAPADTRANS PIPELINE SYSTEM
- *TRANSNEFT: $62.7M IN OIL STOLEN FROM UKRAINE PIPE OVER 5 YRS
As Bloomberg reports,
57.9k tons of oil products have been lost from theft in Ukraine and "Transneft expresses hope that the Ukrainian authorities can evaluate the risks of the current situation and not allow a negative scenario to develop."