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Gazprom flounders on Lithuanian Gas purchase

Mar 06, 2003
Steven Paulikas

VILNIUSGazprom has failed to supply a final bid for a share in the Lithuanian state gas company Lietuvos Dujos (Lithuanian Gas), instead submitting a list of conditions it would like the government to meet before the sale is finalized.On Feb. 28, the deadline for Gazprom's bid for a 34 percent stake in Lithuanian Gas, the Russian energy giant sent a set of documents to the committee overseeing the sale. While neither party has disclosed the contents of the documents, it is speculated that Gazpro ...

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