Ukraine, Belarus, Lithuania OK oil plan
They will establish an oil supply system, alternative to Russian supplies
Lithuania, Ukraine and Belarus said they will establish an oil supply system that serves as an alternative to Russian supplies, according to Earth Times.
I hope we will soon witness a special energy strategy of the European Union and Central Asia being developed. Certainly, as we repeatedly stress, in this context Ukraine and other transit countries should not be forgotten, Ukrainian President Viktor Yushchenko said. The comments were reported by TV5 Kanal.
The proposal was put forward by Lithuanian President Valdas Adamkus.
The television station said crude bought at the Rotterdam oil exchange will be pumped through the Klaipeda terminal to Kiev, Ukraine, or Minsk, Belarus. The move would not offset Russian supplies but could provide a soft-landing if Moscow cuts off supplies.