MOSCOW – Foreign lubricant suppliers grabbed a bigger share of Russias market in 2007. Imports increased 33 percent over 2006, an InfoTek-Consult official told the World Refining Associations Base Oils and Lubricants in Russia and the CIS conference here April 16, and now account for 19 percent of demand.
Natalia A. Kapitonova, the head of InfoTeks Department for Oil Product Market Research, said Russia consumed 1,708,000 metric tons of lubricants in 2007, a decrease of 2.6 percent from the previous year. The firm estimated that 316,000 of those tons were imported.
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