Česká rafinérská reaches deal with Mero on shipping and storage of crude

Crude oil processing company Česká rafinérská, owned by petrochemical holding Unipetrol, has reached a deal on the shipping and storage of crude with state owned Mero CŘ. The move was confirmed by Mero spokesman Mikuláš Duda. The new contract is valid as of January 1, 2016. Mero is the owner and operator of the Czech section of the Družba crude oil pipeline and the IKL crude oil pipeline and is the only transporter of crude oil into the Czech Republic. Unipetrol CEO Marek Świtajewski said on Monday that the open-ended contract was the result of extensive negotiations which began in 2010.

Author: Jan Velinger