According to CTK, Unipetrol’s CEO Marek Mroczkowski refused redirection of crude oil stream in IKL pipeline from Germany. Mroczkowski sees it as an important source of decreased dependency just on one source, Druzba pipeline from Russia. Although Unipetrol plans to adapt refinery in Kralupy for refining Russian high sulphur oil, this is supposedly not related to IKL pipeline issue. We see this news as neutral for today’s trading.