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
Nautilus Hyosung announced last week that it had been in talks with Triton and Dover for several months and expected the sale to close before the end of the year.
more »
Motorola, Inc. through Motorola Ventures, its strategic venture capital arm, today announced that it has made an investment in Amobee Media Systems, a leader in advertising solutions for mobile operators.
more »
PrivatBank, based in Ukraine, has further strengthened its self-service business with the purchase and installation of 3,100 Wincor Nixdorf ATMs for sites in Ukraine, Russia, Georgia, Cyprus and Latvia.
more »
According to final data presented by the Ministry of Finance, national budget revenue of the 1st half-year of the current year amounted to LTL 11 billion 161.8 million, and that was by 1.1 % over the target.
more »
On 29 July, Lithuanian Minister of Foreign Affairs Petras Vaitiekūnas took part in the European Union’s General Affairs and External Relations Council meeting in Geneva.
more »
Statistics Lithuania informs that based on available statistical data and used econometric models, estimated GDP in II quarter 2008 totalled LTL 28393.3 million at current prices and, as compared to II quarter 2007, grew by 5.5 per cent
more »
Cisco, in collaboration with the Cisco Learning Institute, today announced the results of a study on networking labor needs in North America.
more »
Credit card firms are cashing in on customers who use their plastic to take out cash from an ATM, according to new analysis by MoneyExpert.com.
more »
Despite deterioration in the economy and general business climate, Wincor Nixdorf International says it expects to reach its financial goal of increasing year-to-year net sales by 8 percent and earnings before taxes and amortization by 10 percent.
more »
The Ingenico Group recorded (unaudited) consolidated revenue of €186 million for the second quarter of 2008, an increase of 32% at current exchange rate and 35% at constant exchange rate.
more »