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Ukraine may get more dependent on Russia, Belarus for oil product supplies
Journal Staff Report

KYIV, Feb 4 - Termination of supplies of Lithuanian oil products to Ukraine due to a ban on their transit through Belarus will not significantly affect the current market situation in the country, but strategically will increase the high dependence on imports of oil products from Russia and Belarus, the A-95consulting group believes.

According to them, in 2021, imports from Lithuania accounted for 9% of diesel fuel supplies (690,000 tons), 11% of gasoline (265,000 tons) and 16% of the jet fuel market (57,000 tons).

"For more than 20 years, Lithuania has been a small but stable source of oil products supplies. The market will be able to replace these volumes, but we have lost one of the few directions for fuel imports," Serhiy Kuyun, the director of A-95, said.




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