Lithuanian Railways may lose €19m annually due to Belarus sanctions

  • 2021-07-01
  • TBT staff
Lithuania’s state-owned railways (LTG) may lose around 19 million euros in revenue annually due to the EU sanctions against Belarus, the company's CEO Mantas Batuska told BNS, a Lithuanian news wire service, on June 24. Preliminary calculations show that the sanctions can lead to a 20 percent drop in the volume of fertilisers carried by rail via Lithuania and also lead to a decrease of around 0.5 million tons in the volume of oil products. "Based on preliminary calculations, if we lose these cargo volumes, so in case of fertilisers, it wo...
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