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Lietuvos Dujos: deadlock or delay tactics?

Jan 30, 2003
Darius James Ross

VILNIUSLithuanian government's much delayed privatization of Lietuvos Dujos (Lithuanian Gas) has been described as both a high-wire balancing act and a drawn-out chess match. Kabuki theater has also been uttered. Considering the latest turn of events, with Russia's Gazprom walking away from the bargaining table on Jan. 23, the descriptions seem all too appropriate. Gazprom is seeking a 34 percent stake in the state-owned Lithuanian gas utility at a price of 80 million litas (23.2 million euros), ...

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