WATCHING THE WORLD BALTIC CANDIDATES

With Roger Vielvoye from London The newly independent Baltic states appear to be prime candidates for western investment in their old fashioned refining and marketing businesses. Half a century of Soviet occupation left Estonia, Latvia, and Lithuania heavily dependent on crude oil and products from the U.S.S.R. to satisfy local demand through marketing outlets reminiscent of western European facilities of the 1950s. Low cost supplies priced in rubles have been largely phased out, and priorities

Nov 25th, 1991
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