Nov. 28 (Bloomberg) -- The start of Russia’s Ust-Luga oil terminal on the Baltic Sea will be delayed by as long as three months after “engineering problems,” said Igor Dyomin, a spokesman for OAO Transneft, Russia’s oil pipeline operator.
The country’s crude oil export schedule for the first quarter won’t include loadings from the Ust-Luga port, Interfax reported today, citing Transneft.
Transneft has been put in charge of solving the problems that have held up the opening of the Ust-Luga terminal, Dyomin said. The same contractors are working to fix their mistakes, he said.
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