international magazine
10 / 2004


A BLACK SEA SMEAR



In the past month, Russian and Ukrainian media have spared no effort in covering a supposed conflict that erupted between shareholders in Eximnefteprodukt, the owner of Odessa oil terminal. There were specious reports that a Kyiv court on 13 November ordered the seizure of the company's assets and accounts, resulting in the interruption of oil loading in the port. The supposed ruling was said to be a response to a suit which also never existed brought by Swiss oil trader Vitol.