Lukoil wants oil pipeline tariffs reduced

Lukoil has requested that the government reduce rates for oil transportation on Transneft pipeline system, Interfax  cites Lukoil President Vagit Alekperov according RZD-Partner.

The request was prompted by declining oil prices, Alekperov said.

Lukoil also wants rates for rail transportation reduced.

The reductions will enable us to preserve oil production volumes, he said

Source: Portnews