The Lithuanian government said it was not happy with Yukos' work at Mazeikiu Nafta, an oil refinery and terminal, and has held talks with companies that want to buy Yukos' 54 percent stake
Published:
25 March 2005 y., Friday
The Lithuanian government said it was not happy with Yukos' work at Mazeikiu Nafta, an oil refinery and terminal, and has held talks with companies that want to buy Yukos' 54 percent stake.
"We have been visited by Russian oil companies that want to buy Yukos' shares and need our approval," Prime Minister Algirdas Brazauskas said during a news conference Thursday. "Our prime concern is that Mazeikiu Nafta work stably."
Mazeikiu Nafta, which is 41 percent owned by the state, is the biggest company by revenue in Lithuania. Yukos has struggled, and has so far been successful, to maintain crude supplies to the unit amid a dispute more than $27 billion of back taxes that the Russian government claims Yukos owes. LUKoil has for several years repeatedly expressed interest in buying Mazeikiu Nafta.
"If we receive an official offer to buy shares in this plant, we will study it with great interest," LUKoil spokesman Dmitry Dolgov said in an interview. He declined to say whether any negotiations had taken place.
TNK-BP and LUKoil have both formally offered to buy Mazeikiu Nafta from Yukos, Interfax reported Thursday, citing Yukos deputy chief executive Alexander Temerko.
Šaltinis:
Bloomberg
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The finance chiefs from the leading economies met in southern England to discuss measures to deal with the global economic crisis.
more »
Environmental projects up for bid at ‘auction floor’ conference in Brussels.
more »
In the United States increasing numbers of men are having vasectomies to avoid any added strain on hard-pressed finances.
more »
Within last year the number of settlement operations made by using AB Bank SNORAS payment cards grew by 21 per cent or twice more than on the market where 10 per cent growth was fixed.
more »
The “Erika III” package, aimed at protecting Europe's coasts from maritime disasters and improving passenger and crew safety, was adopted by Parliament on Wednesday.
more »
Improving the transparency and the supervision of the financial system to ensure proper risk management in the banking sector is the aim of legislation approved on Monday by the Economic and Monetary Affairs Committee.
more »
MEPs could back speeding up the rate at which Europe's regional funds are made available.
more »
The Commission has taken a humanitarian decision for €700,000 to provide assistance to communities affected by floods in Fiji, the Solomon Islands and Papua New Guinea.
more »
The international business magazine Euromoney has announced the results of its Private Banking Survey 2009, and Parex banka has received the award for “Best Private Banking Services Overall” in Latvia.
more »
Mass layoffs and inflation are pushing people to seek food aid.
more »