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Russia halts oil products to Estonia amid dispute - Reuters

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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-02-07 12:47 PM
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Russia halts oil products to Estonia amid dispute - Reuters
Edited on Wed May-02-07 12:47 PM by Eugene
Source: Reuters

Russia halts oil products to Estonia amid dispute

By Dmitry Zhdannikov
1 hour, 15 minutes ago

MOSCOW (Reuters) - Russian oil firms rushed on Wednesday
to re-route a quarter of their refined products exports away
from ports in Estonia after Russia's railways halted the route
amid a political dispute with Tallinn.

Oil traders said the state railway monopoly was not accepting
volumes slated for May shipment and they were looking now
at Russian Baltic Sea ports and Ukraine's Black Sea outlets as
alternative destinations.

Russian coal exporters also said May exports of Russian steam
coal via Estonia had been effectively halted due to a shortage
of rail wagons after the rail monopoly RzHD told them they must
use their own rail wagons, not RzHD's, but it had not been
possible with such short notice to find alternative wagons.

Up to 900,000 tonnes of May exports could be lost as a result,
they said.

-snip-

Read more: http://news.yahoo.com/s/nm/20070502/wl_nm/russia_estonia_energy_dc



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