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. Last Updated: 07/27/2016

Oil to Refineries, Ports Cut Off

Oil supplies to three refineries and the Black Sea ports of Tuapse and Novorossiisk were cut off by a fire and leak on a central Russian pipeline this week, Transneft said Thursday.

Transneft spokesman Igor Dyomin said supplies had been cut off to the Volgograd and Saratov refineries and the Lysychansk refinery in Ukraine. The leak and fire occurred late Tuesday.

"We hope supplies will be restored by the end of the week. The missing volumes will be compensated throughout the course of the month," Dyomin said.

A source at the Volgograd refinery, owned by LUKoil, said oil deliveries had been limited since Wednesday.

TNK-BP owns the Saratov and Lysychansk refineries. TNK-BP's Ukrainian unit said it had been informed that its Lysychansk refinery would not receive crude for three days from March 5 to 7.