Lithuanian oil refinery to shut down

  • 1999-10-14
VILNIUS (BNS) - The Lithuanian oil refinery Mazeikiu Nafta will shut its refining facilities on Friday Oct.15 due to a lack of crude oil, Vidmantas Macevicius, the director general of the oil complex, said Oct. 11.The refinery, which has been operating at half-capacity since Oct. 4, will run dry of crude because Russia halted deliveries Oct. 9. Macevicius said they had enough crude to keep the plant working for five days."The official explanation [for the cut-off] is that Russia has raised the customs duty on oil exports from 5 euros [$5.38] to 7.5 euros per ton as of Oct. 1, and they need ...
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