31 Oct 2019 10:48

Transneft, Rosneft settle dispute over delay in launch of branch from ESPO to Komsomolsk refinery 'through the tariff' - Tokarev

BUDAPEST. Oct 31 (Interfax) - Transneft and Rosneft have resolved the issue over the delayed launch of a branch pipeline to the latter's Komsomolsk Oil Refinery through the transport rate, the Russian oil pipeline monopoly's president, Nikolai Tokarev told reporters.

"Yes, we've now settled everything there through the tariff, so we've closed the matter," Tokarev said.

At the end of December 2018, comprehensive testing of the branch line from the Eastern Siberia - Pacific Ocean oil pipeline to Rosneft's Komsomolsk refinery was deemed a failure. Six deficiencies were found, including a significant discrepancy between the amount of registered oil in the reports of the crude quality and quantity metering system and the actual amount of oil, Transneft press secretary Igor Demin said at the time, adding that the discrepancy amounted to 180 tonnes in two hours of operation.