Home
Estonia
Latvia
Lithuania
Business
Opinion
Analysis
Entertainment
 E-mail this article   Print this article   Comment this article   

Lithuania to sell stake in Mazeikiu Nafta

Dec 15, 2008
TBT Staff in cooperation with BNS

VILNIUS – The new Lithuanian government has announced that it will sell its near 10 percent share in Mazeikiu Nafta (Mazeikiai Oil), the sole Baltic oil refinery, to Poland's PKN Orlen for $284.45. "As far as I know, talks with PKN Orlen will begin this week. We need to talk about that," Prime Minister Andrius Kubilius said during the Cabinet meeting. Lithuaniain late 2006 sold PKN Orlen a 30.66 percent stake in the refinery and retained the option to sell the remaining 9.98 percent. The ...

The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you do not have a membership yet - please subscribe
 SUBSCRIBERS AREA
 SUBSCRIPTION
The Baltic Times is a cost-effective way of staying in touch with the latest Baltic news and views, enabling you full access from anywhere with an Internet connection.




 MORE NEWS
  • Fresh changes to the Insolven...
    As of July 1, 2009, changes to the Law on Insolvency and related changes to the Civil...
  • Company briefs...
    Lithuanian-based company Star1 Airlines has announced plans to restore air connection...
  • Latvian Post may reduce delive...
    RIGA - Latvijas Pasts (Latvian Post) has announced that the postal service may reduce...
  • FlyLAL may resume business...
    VILNIUS - Defunct Lithuanian national airline flyLAL has announced that if it wins...
  • The week’s top news in world f...
    USA As the FOMC prepares to meet this week, there is increasing evidence that t...
  • Hotel protests continue...
    VILNIUS - If you notice the power going out in your Vilnius hotel room, it’s no ac...

    • CityPaper - your travel guide

    © 2009 BALTIC NEWS LTD. All Rights Reserved.
    DEVELOPED BY Your Web Solution