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BREAKING NEWS

BREAKING NEWS

Russia should not pay for pipeline monopoly mistakes from budget - first deputy PM

Russia should not pay for pipeline monopoly mistakes from budget - first deputy PM
FILE PHOTO: Russian Finance Minister Anton Siluanov attends an international conference dedicated to the 175th anniversary of Sberbank in Moscow, Russia November 10, 2016. REUTERS/Sergei Karpukhin -
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Sergei Karpukhin(Reuters)
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NUR-SULTAN (Reuters) – Russia should not pay for mistakes by oil pipeline monopoly Transneft from the budget, Russian First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.

Five million tonnes of oil were contaminated last month with organic chloride and some of the dirty crude is still stuck in pipelines in Belarus and eastern Europe.

“In my opinion it would be wrong, it would be compensation from the budget for the company which did not meet its contract obligations…” Siluanov said on the sidelines of a conference in Kazakhstan.

(Reporting by Olesya Astakhova; writing by Maxim Rodionov; editing by Richard Pullin)

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