Russia's Druzhba pipeline oil supply halted since yesterday

Investing.com -- Oil supplies through Russia's Druzhba pipeline, which links Russian oil fields to European refineries, have been halted since December 19, according to sources familiar with the situation. The Druzhba pipeline also transports Kazakh transit oil volumes to Germany and delivers oil to Hungary, Slovakia, and the Czech Republic.

Currently, the Druzhba pipeline's oil supplies stand at approximately 300,000 barrels per day (bpd). These supplies are a key feedstock for the MOL company's refineries in Hungary and Slovakia.

Transneft, the operator of the Druzhba oil pipeline, has not immediately responded to a request for comment.

The Druzhba pipeline is among the largest in the world, with a capacity to transport 2 million barrels per day. However, the flow through Druzhba has seen a considerable decline since 2022 when the European Union decided not to purchase Russian oil.

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Source: Investing.com