Lithuanian Railways, logistics operators may lose €100m a year due to loss of Belarusian fertilizer transit
<p> MINSK, Aug 13 - PrimePress. The loss of Belarusian potash fertilizer transit to the port of Klaipeda will require €60 million in subsidies for railway infrastructure maintenance, CEO of the Lithuanian railway operator Lietuvos Gelezinkeliai Mantas Bartuska told reporters on Thursday. </p> <p> </p> <p> “Costs required to maintain the infrastructure can be shuffled off to other clients or rail tariffs can be raised by 30%,” Bartuska said. “A €60 million subsidy is required to the effect that this does not take place,” he said. </p> <p> </p> <p> The whole export transit chain of Belarusian fertilizers will lose €100 million, Bartuska added. </p> <p> </p> <p> The export of Belarusian fertilizers produced by companies hit by US sanctions will end in December of this year, Lithuanian Minister of Transport and Communications Marius Skuodis said earlier on Thursday. </p> <p> </p> <p> In 2020, Lithuanian railways carried about 11 million tonnes of Belarusian fertilizers. Belarusian goods provided for about 30% of Klaipeda port throughput until recently. The total volume of Belarusian cargos transported by Lithuanian railways stands at 18-19 million tonnes. End </p> <p> </p>
2021-08-14
Primepress
Lithuanian Railways, logistics operators may lose €100m a year due to loss of Belarusian fertilizer transit
MINSK, Aug 13 - PrimePress. The loss of Belarusian potash fertilizer transit to the port of Klaipeda will require €60 million in subsidies for railway infrastructure maintenance, CEO of the Lithuanian railway operator Lietuvos Gelezinkeliai Mantas Bartuska told reporters on Thursday.
“Costs required to maintain the infrastructure can be shuffled off to other clients or rail tariffs can be raised by 30%,” Bartuska said. “A €60 million subsidy is required to the effect that this does not take place,” he said.
The whole export transit chain of Belarusian fertilizers will lose €100 million, Bartuska added.
The export of Belarusian fertilizers produced by companies hit by US sanctions will end in December of this year, Lithuanian Minister of Transport and Communications Marius Skuodis said earlier on Thursday.
In 2020, Lithuanian railways carried about 11 million tonnes of Belarusian fertilizers. Belarusian goods provided for about 30% of Klaipeda port throughput until recently. The total volume of Belarusian cargos transported by Lithuanian railways stands at 18-19 million tonnes. End