Media: Several BP and Glencore vessels stuck with dirty oil

BP and Glencore are holding on to several large cargoes of contaminated oil from Russia on four tankers. So far, neither company has been able to sell the oil, according to Reuters.

The contaminated oil came from a pipeline owned by Transneft in Ust-Luga. | Photo: Vladimir Soldatkin/REUTERS / X06137

Oil major BP and commodity trader Glencore are allegedly stuck with several contaminated oil cargoes they are currently struggling to dispose of.

The oil stems from Russia, where it was discovered in April that about 5 million tons of oil had been contaminated by a chemical. 1-1.5 million tons were exported before the problem was discovered, and some of those cargoes ended up with BP and Glencore, writes news agency Reuters based on anonymous sources.

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