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Market Chatter: Russia to Stop Flow of Kazakh Oil to Germany on Druzhba Pipeline

-- Russia plans to stop the flow of Kazakh oil to Germany via the Druzhba pipeline from May 1, three industry sources told Reuters on Tuesday.

The sources spoke on condition of anonymity and said that Russia had informed Kazakhstan and Germany of its adjusted oil exporting schedule, the article said.

Russia's energy ministry did not immediately reply to Reuters' request for comment, while presidential spokesman Dmitry Peskov said he had no knowledge of such a decision and told reporters he would check this.

Germany's relations with Russia have been strained by the latter's 2022 invasion of Ukraine, which prompted Germany to put units of Rosneft on German territory under trusteeship that year, according to Reuters.

Kazakhstan sent an average of 43,000 barrels per day to Germany via the Druzhba pipeline, a 44% increase from 2024, Reuters reported.

Supplies via the Druzhba pipeline have been continually interrupted by Ukrainian drone attacks on the asset.

has emailed Russia's energy ministry to seek comment and confirmation.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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