Lithuanian railway company LG has signed a long-term transport contract with potassium production and export company Belaruskalij (Belarus). Until now, only short-term contracts were concluded between LG and Belaruskalij.
“The contract with the country’s largest fertilizer producer Belaruskalij will allow us to consolidate our competitive position and plan delivery operations more efficiently, as well as better distribute our resources – cars and locomotives,” Mantas Bartuska, CEO at Lietuvos Gelezinkeliai, said.
The company’s statement did not specify details regarding tariffs or guaranteed volume of freight. Last year, Lietuvos Gelezinkeliai handled more than 10 million tons of freight for Belaruskalij, which accounted for about 20 percent of LG’s total volume of cargo.
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