UPDATE 1-Russian oil product exports from Black Sea port ’collapse’ - Transneft
▻https://uk.reuters.com/article/russia-oil-port/update-1-russian-oil-product-exports-from-black-sea-port-collapse-transn
Shipments of oil products from a Russian Black Sea port, hit by a managerial conflict, have “collapsed”, Russian oil pipeline monopoly Transneft said on Wednesday.
A Transneft spokesman said as many as six tankers have been held up at the port of #Novorossiisk and 2,400 railcars have been waiting for reloading.
Four industry sources told Reuters earlier that shipments from the IPP terminal at Novorossiisk have been disrupted since early February due to a row over control of the port.
Transneft blames the port’s captain for “unlawful” interference in its commercial operations.
It added that it was experiencing a shortage of railcars for loadings at Tikhoretsk, a railway junction and pipeline hub in the region, and had asked Transport Minister Maxim Sokolov to intervene.