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127

Russia Stops Oil Delivery

Crisis looms if dispute not resolved soon...

Russia Stops Oil Delivery

The Ukranian Lisichansky Oil Refinery (LiNOS) has not received oil for three days because of new rules. A reserve for 3 days is in its reservoirs, but if the situation does not change, the plant will heave to stop its work altogether.

Other refineries are facing the same fate. If oil supplies are not recommenced a crisis is likely, say specialists at the Trade House TNK-Ukrainet.

The essence of the problem is the fact that the necessary documents to be provided at customs consist of papers that are issued after entering into the Ukraine.

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