Transneft Resumes Baku-Novorossiysk Oil Pipeline After Tapping

OAO Transneft resumed oil flows via the Baku-Novorossiysk pipeline after halting the link for several hours today to repair a leak caused by illegal tapping.

The pipe has been welded closed and shipments resumed in full at 4:20 p.m. Moscow time, Igor Dyomin, a spokesman for the Russian pipeline operator, said by phone today.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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