Russian oil pipeline monopoly Transneft (TRNF_p.MM) on Wednesday set a cap of $15 per barrel on compensation for contamination in its network, drawing scepticism from transit country Belarus and criticism from some buyers that the offer was too low.
Ukraine's Energy Challenge
Reuters: Transneft sets cap on oil contamination compensation
A discharge valve of oil pipeline Druzhba is seen behind a fence at a village of Romanovka in Mozyr's region of Belarus, Jan. 10, 2007.
