Ukraine has stopped the transit of oil from Russia via the Druzhba pipeline

UNIAN:Ukraine has stopped the transit of Russian oil through the southern part of the Druzhba oil pipeline. The decision was taken because of the sanctions that made it impossible to pay for transit.

This was reported in Transneft.

It is noted that Ukrtransnafta could stop the transit of oil from the Russian Federation to Hungary, the Czech Republic and Slovakia from August 4.

Transneft stated that the reason was non-payment for transit services. The fact is that the Russian company cannot transfer funds due to the sanctions of the European Union. At the same time, the Ukrainian company provides services on the terms of 100% prepayment.

In turn, in Russia they claim that they made a payment for transit, but the money was returned to the account. It is worth noting that payments are serviced by Gazprombank. The financial institution reported that the payment was rejected due to the seventh package of sanctions.

As UNIAN reported earlier, on May 31, the President of the European Council, Charles Michel, announced that the leaders of the EU countries had reached an agreement on a ban on the export of Russian oil.

According to the President of the European Commission, Ursula von der Leyen, the oil embargo will reduce about 90% of oil imports from Russia to the countries of the European Union by the end of this year.

The European Union plans to ban sea imports of crude and refined oil from Russia by 2023. The United States and its allies want to limit the price of Russian oil at the level of $ 40 to $60 per barrel.