Lithuania goes for Williams

  • 1999-11-04
  • By Rokas M. Tracevskis
VILNIUS - An agreement between Lithuania and Williams, called by many the deal of the century, will have a tremendous impact on the Lithuanian economy. Some say this impact will be positive, some say the opposite. Already the political impact has replaced the country's prime minister.The DealOn Oct. 29 the American company Williams International and the Lithuanian government signed an agreement which calls for Williams to purchase 33 percent of Mazeikiu Nafta for $150 million. Williams will have operational control of the refinery, pipeline and offshore crude terminal. The pact allows Willi...
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