July 15, 2008 / 1:33 PM / 11 years ago

Russia Tatneft says re-routed Druzhba oil to Turkey

MOSCOW, July 15 (Reuters) - Oil firm Tatneft TATN3.MM, one of the two key suppliers of Russian crude to the Czech Republic, said on Tuesday it had reduced deliveries because it had re-routed volumes to Turkey due to better prices.

“We were simply lacking volumes to meet our supply plan for Tupras,” Nurislam Subayev, advisor to Tatneft’s deputy general director, told Reuters. Tupras is Turkey’s biggest refiner and a large importer of crude from Tatneft.

“They (Tupras) are our long-time partners and the margins are better there,” he said. He declined to specify the scale of the cut and said that Tatneft would soon return to normal supply volumes to the Czech Republic via the Druzhba pipeline.

Reporting by Vladimir Soldatkin, writing by Dmitry Zhdannikov; editing by

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