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Lithuania's Klaipedos Nafta signs long-term fuel oil loading contract with Belarus' BNK

BC, Vilnius, 20.10.2016.Print version
Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company, has signed a long-term three-year fuel oil loading contract with the Belarusian oil company Belorusskaya Neftyanaya Kompaniya (Belarusian Oil Company, or BNK ), reports LETA/BNS.

"The contract ensures loading of oil products from Belarus' main utilities – Mozyr and Naftan. Long-term cooperation has proven Klaipedos Nafta to possess the necessary competences and technological capacities, furthermore, be able to respond promptly to client needs and ensure high-quality services," said Klaipedos Nafta's CEO Mantas Bartuska.


In his words, the contract will take effect on Nov. 1 and will run until Oct. 31 of 2019.

Over the first nine months of this year, Klaipedos Nafta handled 5.81 mln tons of oil products, up by 24.1% from January-September of 2015.


The state holds a 72.32% stake in Klaipedos Nafta.






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