Transneft Resolves Tug Boat Dispute at Baltic Oil Port

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OAO Rosneft and OAO Transneft resolved a tug-boat dispute at Primorsk port, allowing normal operations to resume at the Baltic oil-export terminal, said a spokesman for Transneft, Russia’s pipeline operator.

Companies affiliated with Transneft and Rosneft, the nation’s biggest oil company, have signed an agreement, ending a dispute that disrupted exports yesterday, Igor Dyomin, a spokesman for Transneft, said by phone at about 4 p.m. Moscow time. The port is one of two handling Russia’s seaborne crude exports to northwest Europe.