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Lukoil blamed for drop in Russian oil supplies to Germany

Home (Bloomberg News, Reuters, The Associated Press) - MOSCOW: Russian oil supplies to Germany have dropped by as much as one-third in recent weeks, Russian and German officials said Friday, sharply pinching supplies at two major German refineries.

The Russian oil-pipeline monopoly, Transneft, blamed most of the drop on the Russian oil giant Lukoil. Oil traders suggested it was yet another attempt by Lukoil to obtain better terms from Germany's monopoly importer of Russian crude, Sunimex.

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