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Williams, Lithuania get closer, criticism swirls

Sep 24, 1998
Parker Ruis

VILNIUS - Lithuanian officials continued their efforts to pave the way for the expected arrival of the American oil company, Williams International, by starting to merge the three state-owned oil companies in which Williams is preparing to invest.The government initiated new tax conditions and began putting the companies together Sept. 15, as part of the agreement signed June 29 between Williams and Lithuania in which Williams will buy a 33 percent stake in the three state oil companies.The gove ...

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