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    Home » Russia’s Transneft to decide on tainted oil compensation within 1-1/2 months- report

    Russia’s Transneft to decide on tainted oil compensation within 1-1/2 months- report

    December 25, 2019
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    Moscow — Russia oil pipeline monopoly Transneft will decide in about one to 1-1/2 months on compensation yet to be paid to companies after a crisis over tainted Russian oil disrupted exports, Interfax reported, citing its head, Nikolay Tokarev.

    The government has also agreed with Transneft’s proposal to add 1.5 billion roubles ($25 million) of additional proceeds from Transneft’s subsidiaries to the dividend payment for 2019, Tokarev said, according to Interfax.

     

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