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Fuel supplies by Lithuanian company to Ukraine may fall soon
Journal Staff Report

KIEV, Oct. 31 – Fuel supplies by Lithuania's Mazeikiu Nafta to Ukraine may fall by 30-50% in the near future due to the fall in demand from Ukrainian companies, said Ihor Maistrenko, head of the concern's representative office in Ukraine.

Maistrenko said that today fuel supplies to Ukraine are restricted by long-term agreements, while spot deals are not even being signed.

"We sell from 30% to 50% of total fuel under spot contracts, and in November this volume would be lost," he said.




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