By The Financial District
Ukraine Mulls Doubling Transit Fee For Russian Oil
Ukraine plans to double its transit fee for Russian oil that passes through its territory in the Druzhba pipeline to eastern Europe, the German newspaper Kommersant reported.
Photo Insert: Ukrtransnafta JSC blamed the increase on the cost of repairing infrastructure damaged by Russian missile strikes.
The proposal would increase the tariff as of April 1 to €27.20 per ton ($29.30) through the pipeline’s southern branch, which delivers oil to Hungary, Slovakia and Czech Republic, the newspaper reported.
Ukrtransnafta JSC blamed the increase on the cost of repairing infrastructure damaged by Russian missile strikes, it said. By doing so, Moscow has been shooting itself in the foot.
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