Help Desk -
9958816305, 9810335381

Mr Putin Orders for Lower Transportation Charges for Crude & Petroleum Products

Gasoil News - Published on Tue, 26 May 2020

Image Source: Russia Oil
Bloomberg reported that Russian President Mr Vladimir Putin gave his government until June 15 to come up with a plan to support the country’s oil industry while output is slashed under an agreement among the world’s main producers. Mr Putin ordered ministers to work out special rates that pipeline operator Transneft PJSC and Russian Railways JSC will charge for transporting crude and petroleum products while the OPEC+ agreement is in effect. Large oilfield servicing companies could also be included in the government’s list of systemically important companies, making them eligible for state support.

Russia’s biggest oil producer Rosneft chief executive officer Igor Sechin has called for an adjustment of transportation rates to bring them into line with market prices.

Source :

Posted By : Yogender Pancholi on Tue, 26 May 2020
Related News from Gasoil segment