PRAGUE, Aug 13 — A European bank has agreed to process a payment for the transit of Russian oil through Ukraine, Slovak refiner Slovnaft and another source familiar with the matter said, removing the cause of a stoppage of oil supplies to central Europe last week.
On Tuesday, Russian pipeline monopoly Transneft said supplies via the Druzhba pipeline had been suspended to the Czech Republic, Hungary and Slovakia since August 4 because Western sanctions prevented the payment of transit fees from Moscow to Ukraine. “According to our information, the bank reconsidered the originally blocked payment between transit companies for the transit fee and accepted it in the end,” Slovnaft spokesperson Anton Molnar said.
Another source familiar with the matter said the payment had been unblocked by Dutch-based bank ING, and that flows to the Czech Republic should resume by Saturday.Ukrtransnafta and Transneft did not immediately respond to requests for comment.
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