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. Last Updated: 07/27/2016

Estonia-Bound Oil at an 11-Year Low

Russian oil shipments through Estonia fell in August to their lowest level in 11 years, Estonia's rail-freight carrier said Wednesday, citing continuing tensions with Russia.

Cargo companies using the tracks of the carrier, Eesti Raudtee, transported 1.4 million tons of oil and oil products in August, down 31 percent from a year earlier, Eesti Raudtee said. Urmas Glase, a company spokesman, said that was the lowest since the summer of 1996. An increase was unlikely, at least during September, he added. "Officially, the Russian authorities have not given any explanations," Glase said. "Judging from the shipment schedules of the Russian Railways, volumes will remain at about the same level this month."

Shipments from Russia, mostly oil and oil products, fell from early May, when Interfax said that Russian Railways had started repairs on the line to Estonia.