Pipeline operators in Poland and Russia have settled the issue that threatened to stop the transit of Kazakhstani oil to Germany via the Druzhba oil pipeline, according to people familiar with the matter cited by Reuters.
In April, Russian Transneft warned Kazakhstan that its oil export to Germany might be stopped due to problems with servicing oil flowmeters in Poland.
The problem emerged when Russian Transneft and Polish pipeline operator PERN couldn’t extend their servicing contract that expires on June 5. PERN was reluctant to sign any new arrangements with Russia that might put it at risk of breaching anti-Russian...