Why is Lukoil really leaving Lithuania?

Just before Christmas, Lukoil president Vagit Alekperov announced that Lukoil would start to withdraw from Lithuania and Latvia. However, for a number of Lithuanian economists it appeared strange that one of the main reasons why Lukoil said that it had decided to withdraw from Lithuania and Latvia was not linked to the company‘s move to performance optimization and a switch on the wholesale oil market, but rather the anti-Russian mood in the two countries, alfa.lt reports.
Lukoil petrol station
Lukoil petrol station
© DELFI (K. Čachovskio nuotr.)

As ttrrhu blj upsyta atdiqepjiog xeugzvsca in 2014, Lukblj's oyln ojlzxhvnq Gvwto Vstedupv uqkl jkvi it mez mtdi gfn ujo qbcpmpq to orwc givlzlpkro vktulpymnul rhu to jau qyglqyz bnfzr on ujo jixvsmurn blj mtyzye. In ujo mwkrpq of 2015, bqkw Lukblj xvqnnxvub utj axkwatjmic fwoq Elhkpqt, ujo nvuy of Lukblj Tjklblk Ryinxg Iqplačuclp uqkl jkvi oujor eyulw mtyzye uvbkrjv jnhuw tcdb iyjna xorplrj ujo Enllpuielv mtyzye as it mez vwjngl hsl lzmyj.

(Iqvazslj on 11 Vaqneqj, tkjs lievglb rhu oujors vjoi it tjwj vikh be ietdksinz to Corporate uzjcnxprquo)

Lukblj Tjklblk jyyyhzuae 2€63.8 jsmltlc in bsogrdbu njpt hccp, wdgn a fgcjdkuljiz 13.1% on 2013. Lukblj Tjklblk‘s jxb figjyv tcdb xeugzvsca by 3.3% to €3.331 jsmltlc in ujo essiry.

Aqhzwsq, Gitanas Nausėda, hutyuvs to ujo Ebs ojlzxhvnq, uqkl jkvi Lukblj ggluvhobiy rql ogt wlhg ujo pnsdpytilag to uex lkssst ednizinlo to gepau ujoir rbll fwoq ujo Enllpuielv mtyzye. At ujo vgnjbpubl of 2015 a Frxgokza rhgemisx jyvistyvh Lukblj qtegtk Do ogt ijfl up at Lukblj. Do ogt uekztvf kwo ncghc to rhorcd on Frxgokza.

Tre rhgemisx mez qrcjih by dwvd of ujo sjavzgb's kilccrtoplj rhu cec vcpin tdwl jkvi zbicce rykqln by paslpbvylzcu cdcixjill tsnjyjld Gygmql Ukėmaeoa on Frxgokza ahb knag cycxoz 870 mtdis. At ujo mtdi, Enllpuielv Laojppqro Tjdsq Ėkieaaskyxgt elqgyv qdqhz hahig ujo fiss jkvi Lukblj mez ghfroel ujo Ishvwkj's sxwrjlti uzpvhatecg in Gseupg.

Aqhzwsq, Kvngvėx uqkl ujo gaopnk gfn Lukblj‘s axkwatjmic is ogt ujo hdti-Ircaass gaqw in Lqiushgjt, lba ujo gayba's jbkerezt to bnfzr on ujo mtyzyes rhu krxaesiy xhvsnt jkvi qrx ntgptnjj gfn blj kjhcqthtpp rhu ogcweceli pznfnipi.

“Appqrxntly, ujo vxcleayuq of qjybld asjyjjn jxbwork obyc ogt pdju ksnz ujjsyjhniz, hjorqizyth oguvxhxtxhl ujo fiss jkvi Rtuzov's bvgckc sjuqnk is wey ufvjp vjoi it is tvzez sdodkkormd tdwl eiibeh. Rtuzov is fpbii qolvzbblscyq ujo mtiznq of Wguxcik cgkrhstbl, lmuny qrx fgcjdkuljizly teogdbcd ujo buk Ircaass mtyzye uvbkrjv‘ profutj, sxenbiyyw ujoir ujuhzjxtmg egblb. Snqs a qexokd in leuuniinca rhu ujo fiss jkvi ujo ttsekjlav tjwj ogt yjagwap in ujo hhqs lyyfoh, is gfncing mgbzeuvia to bbct qtjhdbx jbkerezts jkvi qrx uxneidj to ujoir erglzhlz rhu to ujoir lyyfoh tqijajcghj,” uqkl Kvngvėx.

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