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Article: Low risk of oil supply disruption to Central European refiners.
- Article from:
- Energy News
- Article date:
- July 30, 2004
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Low risk of oil supply disruption to Central European refiners
MOSCOW. July 30 (Interfax) - Fitch Ratings, the international rating agency, said Friday that despite mounting financial problems of OAO Yukos, one of the largest crude oil suppliers to Central European (CE) countries, the risk of physical oil supply disruption to these countries remains low. Thanks to existing diversification and available inventories, the regional oil companies will be largely unaffected and therefore do not face an imminent credit event.
Although crude oil exports are essential to the Russian economy and Yukos has a leading position in the crude oil production in the ...