Russia's move to cut oil to Lithuania may be political - Fitch

RIA Novosti ^ | 08-14-2006 | RIA Novosti

[sergey1973]

MOSCOW, August 14 (RIA Novosti) - International rating agency Fitch said Monday that Russia's move to cut oil supplies to a major Lithuanian refinery could be political.

After an accident on the Druzhba pipeline in western Russia in July, crude supplies to Mazeikiu Nafta were interrupted, and have not been fully resumed.

"If supplies of Russian crude oil by pipeline to MN are not resumed within the next few weeks, this could lead one to conclude that political rather than technical reasons are to blame for the supply disruption, as the Lithuanian refinery was recently acquired by Polish PKN and not by a Russian oil company," Fitch said.

[sergey1973]

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[Redbob]

"Russia's move to cut oil supplies to a major Lithuanian refinery could be political."

Gee, d'ya think?

This guy's ready for a commentator's job at CN!