Lukoil reportedly cuts oil supplies to Germany by one third

Talking to Dow Jones Newswires, Grigorev later confirmed that the shortfall was from Lukoil and several smaller oil companies, adding that it was not linked to any repair of the pipeline through which the oil is exported to Germany.

“Maybe they’re looking for another market,” Grigorev said.

A Lukoil spokesman declined to comment, but said a statement would be released in the coming days.

Russian crude oil supplies to Germany have been disrupted to such an extent that the Schwedt refinery in eastern Germany has had to look for other supply sources, Sueddeutsche Zeitung reported Friday.

The refinery, which usually gets its crude oil from the Druzhba pipeline, is currently getting its supplies from North Sea sources, according to the report.

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