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Transneft Seeks to Raise Tariffs

Transneft wants to raise tariffs to pay for a 125 billion ruble ($3.9 billion) expansion plan for oil product pipelines, Vedomosti reported, adding that the Federal Tariff Service asked the government to allow Transneft to absorb the extra costs in its tariffs, which may increase by 1.5 percent to 2 percent.

(Bloomberg)

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