Russian Oil Flows Keep Falling, Pipeline Giant Transneft Says
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Russian Oil Flows Keep Falling, Pipeline Giant Transneft Says
Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last year and continue to slide in 2025, too, due to the OPEC+ agreement to withhold supply and technological issues at Russia’s oil-producing sites, the pipeline giant said on Friday. Due to the falling oil flows, Transneft doesn’t expect its revenue to grow at the same pace as in the past decade until about 2030, the company’s first deputy CEO M…
·London, United Kingdom
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