Transneft to make up for January oil loss

MOSCOW, Feb. 2 (UPI) -- Russian oil pipeline company Transneft said it would try to make up for January shortfalls in oil deliveries to Belarus after a temporary shutdown.

Russian oil companies halted oil shipments to Belarus at the beginning of the year until new contracts were signed between the two countries.

Transneft spokesman Igor Dyomin was quoted in Russia's state-run news agency RIA Novosti as saying new deliveries scheduled for Belarus were around 11 million barrels.

"We are trying to make up for the under-delivered January volumes," the spokesman said

Russia sends most of its oil through the Druzhba pipeline across Belarus. Moscow is looking for alternative transit networks to avoid political sensitive issues with transit nations but hasn't indicated energy supplies to its European consumers are affected.

Transneft said last week that oil deliveries to Belarus resumed after the monthlong dispute over pricing terms.


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