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The EU oil refineries seek more oil against the background of concerns in transi...

The Russian Federation in June will increase by 16% of supply of oil to the EU Southern Branch "Friendship" - the media

The EU oil refineries seek more oil against the background of concerns in transit through Ukraine. In June, the supply of Russian oil Urals to the European Union by the southern branch of the Druzhba oil pipeline will increase by 16% compared to May. This is due to the desire of the EU oil refining plants to provide themselves with sufficient oil in light of fears about possible interruptions in transit through Ukraine. About it writes Reuters with reference to 2 sources.

"The supply of Russian pipeline oil to Europe is not subject to EU embargo, but the route crosses Ukraine and is at a constant risk of interruptions," the agency writes. MOL, which is the main buyer of Urals in Hungary and Slovakia, plans to increase purchases through the southern branch of Druzhba. Mol is expected to buy about 900,000 tons of Urals oil in June, compared to 750 thousand tons in May.

This solution is related to the company's desire to provide proper supply of oil for its oil refineries. "A recent escalation in Ukraine, damage to large infrastructure objects are of concern . . . This is a good idea to order more now," said one of the sources, in particular, in particular, the destruction of the Kakhovsky Hydroe Hephew Dams this week.

The Czech Oil Refinery Unipetrol, which is the only buyer of Urals oil in the Czech Republic and owns PKN ORLEN from Poland, plans to increase purchases in June. "Syri oil continues to enter the Druzhba oil pipeline uninterruptedly, and we do not expect delays over the next months," said MOL, but refused to comment on monthly purchases. PKN Orlen also stated that she never comments on oil purchase and contract details.

The EU has introduced an embargo on the purchase of Russian oil by maritime routes since December. Hungary, Slovakia and the Czech Republic, however, was allowed to continue importing Russian oil as a critically important raw material. Recall that Spiegel magazine reported that India and Turkey help Russia export oil. Sea ports in India take about 70 tankers with oil from the Russian Federation on a monthly basis.