Transneft Seeks $29.5Mn For Lost Crude Transport Revenues From Azerbaijan
Russias state-owned oil pipeline company Transneft is seeking $29.5mn in lost crude transportation revenues from Azerbaijan as a result of the latters failure to ship a previously agreed amount of oil through the Baku-Novorossysk pipeline. Transneft maintains that Azerbaijan has failed to honor an agreement signed in 1996 under which it was supposed to ship 2.3mn tons of crude through...
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