Russia’s Transneft says oil transit payment to Czech Republic has reached bank

Russia’s Transneft says oil transit payment to Czech Republic has reached bank

12 Aug    Finance News

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MOSCOW — Russia’s pipeline monopoly Transneft said on Friday that payment for oil transit to the Czech Republic has reached the bank and that confirmation from Ukraine is expected, Russian state-owned news agency RIA reported.

Ukraine on Aug. 4 suspended transit shipments to Europe after Western sanctions on Russia prevented it from receiving transit fees. (Reporting by Reuters; editing by Jason Neely)

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