(Bloomberg) -- Among the pine forests of north-
eastern Lithuania, a dried-up oil pipeline called Druzhba --
Russian for friendship -- has become a symbol for the
increasingly hollow relations between the Baltic states and
Russia.
A year ago, a reported leak on Russian territory blocked
the flow of oil into AB Mazeikiu Nafta, the only refinery in the
three former Soviet republics. While deliveries have stopped
before at politically tense moments, this time the refinery
didn't wait for the leak to be fixed. It now pays more to buy
oil off tankers from Russia -- and from as far away as
Venezuela.
Read more at Bloomberg Exclusive News
eastern Lithuania, a dried-up oil pipeline called Druzhba --
Russian for friendship -- has become a symbol for the
increasingly hollow relations between the Baltic states and
Russia.
A year ago, a reported leak on Russian territory blocked
the flow of oil into AB Mazeikiu Nafta, the only refinery in the
three former Soviet republics. While deliveries have stopped
before at politically tense moments, this time the refinery
didn't wait for the leak to be fixed. It now pays more to buy
oil off tankers from Russia -- and from as far away as
Venezuela.
Read more at Bloomberg Exclusive News
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