Transneft not to continue pumping via Ukrainian oil products pipeline after decision on its nationalization

Transneft sees no reason to continue pumping oil via the Ukrainian oil products pipeline after the decision of the Supreme Economic Court of the Ukraine. This was stated by the official representative of Transneft Igor Demin.

"The Ukrainian arbitration’s decision is actually a military solution to the question of ownership," - said the company’s representative. "Obviously, there is a naïve oponion that we will continue the pumping. But we won’t".