Ukraine, for the second time since the beginning of the year, raised the price of oil transiting through the Druzhba pipeline to Slovakia, Hungary and the Czech Republic, reports Kommersant.
As indicated, the transit price doubled suddenly, to €27.2 per ton. Previously, the tariff had increased by 18.3% to €13.6 per tonne. At the same time, Russian oil remains a more profitable option for the above countries. The new rates will come into effect on April 1. Kiev explains them by the need to restore the infrastructures destroyed during the hostilities.
At the same time, according to Kommersant, Kiev also needs to coordinate the issue with oil beneficiaries.
Igor Yushkov, an expert at the Financial University of the Government of the Russian Federation, noted that the increase in the tariff would fall entirely on buyers, since the cost of pumping is included in the price of oil.
Copyright © 2023 The Eastern Herald.
For the latest updates and news follow The Eastern Herald on Google News, Instagram, Facebook, and Twitter.
Help us continue our mission to deliver the latest news and stories by becoming a supporter of our newspaper. Your support will help us to continue to provide high-quality journalism and to ensure that our content remains free and accessible to all. Click here to show your support. Thank you!