China National Petroleum Corp.'s oil exports from Kazakhstan, piped to Russia's Black Sea for shipping, have been seized on the orders of a Russian court
Published:
20 March 2004 y., Saturday
China National Petroleum Corp.'s oil exports from Kazakhstan, piped to Russia's Black Sea for shipping, have been seized on the orders of a Russian court, Reuters reported, citing traders and industry sources.
There was no immediate official explanation and it was unclear which court in Russia had passed the ruling to seize China National's oil, Reuters said. The ruling may have been related to a commercial dispute involving a Russian company, Reuters said, citing an industry source.
China National, which owns 90 percent of Hong Kong-listed PetroChina Co., ships oil through the ChevronTexaco Corp.-led Caspian Pipeline Consortium. The consortium had planned to raise shipment tariffs 3.3 percent from July, Interfax reported on Tuesday, citing Jan McDonald, general director of the group.
The Consortium plans to more than double its shipments of oil from the Caspian Sea region to world markets to 550,000 barrels a day, as Kazakhstan boosts oil output.
Šaltinis:
Bloomberg
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions.
more »
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation.
more »
Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry.
more »
350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty.
more »
New plan sets out action to reach 75% employment target for the EU by 2020.
more »
Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures.
more »
Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced.
more »
Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation.
more »
The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis.
more »
A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint.
more »