Foreign affairs
Skvernelis holds 3-hour meeting with Poland’s Kaczynski in Warsaw
Lithuania’s Prime Minister Saulius Skvernelis met with Jaroslaw Kaczynski, the leader of Poland’s ruling Law and Justice Party, in Warsaw on Monday night. […]
Orlen Lietuva EN
Foreign affairs
PM leaves for Warsaw
Lithuanian Prime Minister Saulius Skvernelis on Monday evening is leaving for Warsaw to meet with his Polish and Baltic counterparts. […]
Foreign affairs
Foreign affairs
PM hails progress in relations with Poland
Lithuanian Prime Minister Saulius Skvernelis says that Vilnius and Warsaw are gradually moving to a new stage of better relations and hopes that Lithuanian politicians will solve the highly contentious issue of the spelling of Polish names in Lithuanian personal documents. […]
CORPORATE
A. Pukšto – we are unable to solve parish issues while greater dangers loom
Secretly recorded conversations between former Polish Minister of Foreign Affairs Radosław Sikorski and former PKN Orlen chairman Jacek Krawiec were released to the public, which prove that there were serious discussions of handing over Orlen […]
Uncategorized
Warsaw: Leaked words of Sikorski, Orlen CEO don’t reflect Poland’s position
The leaked recordings of conversations between Poland‘s former foreign minister Radoslaw Sikorski and then CEO of oil company Orlen, Jacek Krawiec, about investments in Mažeikiai oil refinery in Lithuania do not reflect the position of the current Polish government, Warsaw said on Wednesday. […]
Energy
Poland’s energy minister: Russian influence in Lithuania, Poland still extensive
After the Polish media leaked a secret recording of a conversation involving by former foreign minister Radoslaw Sikorski where he urged “to teach Lithuanians a lesson” in connection to Polish investments in a Mazeikiai refinery, Poland’s Energy Minister Krzystof Tchorzewski says it indicates a strong Russian influence in Poland and Lithuania. […]
Foreign affairs
Lithuania doesn’t accept demands to buy friendship – Grybauskaite on Sikorski remarks
Lithuania’s cooperation with Poland should be equal, and the instructions or demands to buy friendship are unacceptable, Lithuania’s President Dalia Grybauskaitė said on Tuesday. […]
Energy
Achemos Grupė’s oil terminal sues Klaipėdos Nafta for EUR 6 mln
Krovinių Terminalas (Cargo Terminal), an oil product terminal owned by Achemos Grupė, last week turned to court over a deal between Klaipėdos Nafta (Klaipėda Oil) and Orlen Lietuva that allegedly violates the Law on Competition and restricts fair competition in the Klaipėda port’s light petroleum product market, the daily Lietuvos Žinios reported on Tuesday. […]
Energy
Drunk German yachtsman nearly crashes into Lithuania’s oil terminal
A recent incident near an oil terminal owned by the Polish company Orlen has drawn attention to security at the facility which is a vital part of Lithuania’s energy infrastructure. If the company cannot protect it, the Lithuanian state may have to step in, the interior minister has commented.
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CORPORATE
Orlen and Lithuanian Railways opening new round of negotiations
On Wednesday, Orlen Lietuva is starting a new round of negotiations with AB Lietuvos Geležinkleiai(Lithuanian Railways). This is yet another attempt initiated by the oil refinery in Mažeikiai to reach an agreement in a complex […]
Economy
Lithuanian Railways and Poland’s Orlen resume talks
After Lithuania’s Prime Minister Algirdas Butkevičius met on Monday with representatives of the Polish government and Orlen oil company, oil refinery Orlen Lietuva and Lietuvos Geležinkeliai (Lithuanian Railways, or LG) have resumed talks over transportation rates that broke down in May.
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Economy
Orlen Lietuva to renew negotiations over transportation rates with Lithuanian Railways
Prime Minister Algirdas Butkevičius and Transport Minister Rimantas Sinkevičius say that Polish-owned oil refinery Orlen Lietuva and the state-owned railway company Lietuvos Geležinkeliai (Lithuanian Railways) should resume negotiations over transportation rates that broke down in May.
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CORPORATE
Lithuanian Railways to be restructured
Minister of Transport and Communications Rimantas Sinkevičius said that the state-managed Lithuanian Railways company will be restructured according to the European Commission‘s requirements. In this way, the company will avoid paying several tens of millions […]
CORPORATE
Lithuanian Railways, Orlen Lithuania fail to reach deal
State-owned Lithuanian Railways has failed to reach an agreement with the Lithuanian unit of Poland’s biggest oil group Orlen to end their protracted dispute over freight tariffs. “The deadline for the negotiations and Lithuanian railway’s […]
Economy
Lithuania’s oil industry and Swiss bank accounts: Panama Papers shed light on 1990s
The Panama Papers can offer some insight into Lithuania’s oil industry at its crucial moment two decades ago as documents leaked from the Panamanian law firm Mossack Fonseca reveal bank accounts in Switzerland of former and present heads of Lukoil Baltija and Mažeikių Nafta. […]
Energy
Orlen Lietuva to face competition council investigation
Lithuania’s Competition Council opened an investigation into Orlen Lietuva, suspecting the oil refinery could have sold diesel fuel to one company under preferential terms. […]
CORPORATE
Orlen Lietuva profits jump but company pays €80m less tax
Orlen Lietuva profits jumped to €217 million last year after a loss of €109 million in 2014 yet the company paid significantly less in taxes Lithuania last year than it did in 2014. […]
CORPORATE
How are low oil prices impacting Lithuania’s economy?
With falling oil prices, oil has started becoming a burden on nations that produce it but oil importers like Lithuania have been prospering from the price drop. […]
CORPORATE