Date: 7 days ago   Category: Energy

Saint Petersburg Stock Exchange closed to the Anti-Pinsk oil refinery admission to trading — Rambler News Service


Photo: globallookpress.com/Waltraud Grubitzsch St. Petersburg International Commodity Exchange (St. Petersburg International Commodity Exchange) suspended to Anti-Pinsk Oil Refinery admission to trading because of non-performance of deliveries on the signed contracts, it is said in the statement of the exchange platform. "St. Petersburg International Commodity Exchange (St. Petersburg International Commodity Exchange) reports about suspension of admission to participation in the organized auction in the section "Oil products" of JSC Anti-Pinsk Oil Refinery in connection with non-execution of obligations as the seller (supplier) under the signed contracts which led to violation of the rules of admission to participation in the organized auction and rules of tendering" — it is said in the statement As notes St. Petersburg International Commodity Exchange, the taken measures are directed to avoidance of risks of repeated non-execution by the seller of obligations for shipments of the oil products acquired by buyers at the exchange auction. The last trading of the enterprise on St. Petersburg International Commodity Exchange was carried out on April 19, 2019. A number of obligations of oil refinery for supply of oil products were not executed, it is said in the statement. Anti-Pinsk Oil Refinery is a bidder at the exchange since February, 2019.

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