Russia's Transport Ministry said the discount was introduced to win cargo from alternative routes.
Photo: Vasily Deryugin
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Russian Railways to Capture Crude Flow from Georgia
Russia’s Transport Ministry introduced the unprecedented discount of 50 percent for railway carriage of crude oil and petroleum to Makhachkala port and to Ukrainian ports of the Sea of Azov and the Black Sea. Up to December 31, Russian Railways (RZD) hopes to capture at Feodosiya and Makhachkala directions some portion of the oil flow (2.5 million tons a year) delivered to Ukraine via Georgia.
This ruling of the RF Transport Ministry was duly registered with the Ministry of Justice in late July 2006. It spells out the 50 percent discount on tariff rates for transit railway deliveries of crude oil and petroleum to ports of the Sea of Azov and the Black Sea.
To be more precise, the discount covers crude deliveries via Samur station towards the port of Feodosiya (Ukraine) via Uspenskaya station; crude/petroleum deliveries via Makhachkala port through Samur station; crude/petroleum deliveries from Turkmenistan via Makhachkala towards Ukrainian ports via Uspenskay station and to the ports of the Black Sea.
The Transport Ministry said the discount is aimed at winning cargo from alternative routes and attracting it to the transport system of Russia (railway, ports). The actual target, the sources speculated, is TRASECA transport corridor that connects Europe and Asia via the Caucasus and by-passes Russia.
So far, no crude has been delivered in this direction at all, representatives of RZD specified yesterday. “To attract consignors, we proposed to the Transport Ministry to bring in the discount of this extent,” they said. But RZD reps were unable to specify the amount they are able to handle and no talks with consignors have been held yet. The discount was lobbied by Vyacheslav Ruksha, aide to RZD president, the sources pointed out.
www.kommersant.com
All the Article in Russian as of Aug. 04, 2006
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