Russia reduces oil supplies for Czech Rep.

11-07-2008

Russia sharply reduced deliveries of oil to the Czech Republic, the news website euro.cz reported on Friday. Deliveries of oil have been decreasing throughout the week and on Thursday, Russia announced that the oil supplies planned for July would decrease significantly from 500,000 to less than 300,000 tons of crude. The Czech Foreign Ministry said they were looking into the situation to find out what was happening; it is likely that technical problems along the Druzhba pipeline are to blame.