Word: komineft
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Dates: during 1994-1994
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...much bigger problem. Russia has more than a million miles of gas and oil pipelines, many of them poorly maintained and some in very bad shape. Every year, up to a fifth of Russia's total oil production is lost -- partly to theft, but much of it through leakage. Komineft, the company whose oil is now polluting the northern terrain, is one of the most consistent offenders. For six years, says Stephen MacSerraigh of the oil industry magazine Nefte Compass, "the Komineft pipelines have averaged about 10 leaks a month. If you fly over them, you constantly see puddles...
...conduit. Local officials don't disagree. "We all know the pipeline should have been repaired," said Vyacheslav Bibikov, Vice President of the Komi republic, in a testy meeting with reporters last week. "There's no money for it." Rather than stop the flow of oil and lose income, Komineft erected earthworks to contain the gathering crude. When the autumn rains came, the makeshift dikes crumbled, and the oil escaped...
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