international magazine
04 / 2004


ODESSA OBSERVATIONS



The participants of the International Congress «New Opportunities in Oil Transit and Refining in CIS and the Baltic States» took a closer look at the future of the industry. The downfall in oil transit volumes has turned in painful reality for the countries like Latvia, Lithuania, Estonia and Ukraine. Therefore it came as no surprise that some 150 representatives of oil transit and refining related industry from these countries, as well as from Belarus, Kazakhstan, Russia and other countries, thirteen in total, positively responded to the invitation of the OilMarket publisher, UPECO company, to meet in Odessa on 10–12 June 2004 and discuss the problems of the transit, closely linked with crude and products exports, as well as to examine possible solutions to the maladies of refining sector in the post soviet countries.