international magazine
12 / 2007

Dinaz is back

Our readers are already familiar with the name of this Latvian company and its ambitious plans to build an oil refinery and oil loading terminal in Latvia. And Ukrainian traders operating during the blossoming of the import supply market in the second half of the 1990s also know this team and not just from reading newspapers and magazines! In the 1990s, Dinaz shipped impressive volumes of oil products to Ukraine, some months as much as 100,000 t. Like many other exporters of Russian and Belorussian fuel, the company's supplies were suspended in the wake of the 1998 financial crisis and they failed to rebound due to changes on the Ukrainian market.