Kaztransoil says it has deal with Transneft on tainted oil compensation

MOSCOW (Reuters) - Kazakh pipeline monopoly Kaztransoil said on Tuesday it had agreed a mechanism with Russia's Transneft on compensation for Kazakhstan's share of Urals oil that was contaminated at the end of April and in early May.The Kazakh firm said Transneft had proposed the mechanism to make it easier to work out compensation due to Kaztransoil for oil that was loaded from the Baltic port of Ust-Luga.Kaztransoil acts as an operator for Kazakh oil producers that send supplies via Russia.