Russian company interested in oil sector

  • 1999-10-07
VILNIUS (BNS) - Russian oil company Yukos may become Lithuania's ally in its dramatic fight for crude oil supplies.Representatives from the ruling Conservative party and the Christian Democrats met Oct. 1 with the head of the Yukos business development department, Yury Golubev."We are trying to reach decisions which would produce the best possible results," Golubev said.He confirmed that Yukos was considering Lithuania's proposal to become a shareholder of the Mazeikiai Nafta oil complex.Under the terms laid down by the Lithuanian Parliament, suppliers of crude oil can purchase up to 10 per...
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