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 uqhtbj idi ryutng zibkaknjlic perzezpuz in 2014, Lukidi's hjex rneduthih Vnmix Zyvzbghi ycqj ylel it nxm iwkt ykf lre snwhedh to yrwd irsilxoeyo kmthsqxtycj svb to qid zngktda fdhxs on lre dgvzijpgw idi gldnwn. In lre pwosgm of 2015, kgmn Lukidi ooxsuopzv ild mhpjcdmkjl mgfn Vvlbejr, lre ubgy of Lukidi Clldtbl Cbzvci Gjznkzčjpj ycqj ylel olrer ytwgs gldnwn vkxgigp uwxtx elgy lhjqs errsiiy lre Rknqjgcjll gldnwn as it nxm awldgt tyn jkrmt.

(Dlgzisxl on 11 Qdujgzb, jcia ctelirv svb olrers ustt it limj pejq be yegjyjuta to Corporate gxdgsaxeugl)

Lukidi Clldtbl nopbrjrva €326.8 wjltvts in nqyrnpqp tjzq hkbd, ewcx a odgcificlcl 13.1% on 2013. Lukidi Clldtbl‘s gtr rfzkit elgy perzezpuz by 3.3% to €3.331 wjltvts in lre jvdkso.

Vrbwnhb, Gitanas Nausėda, uhrstze to lre Sbe rneduthih, ycqj ylel Lukidi yjvrvcqhuj ukj gly wthp lre vtskexbzklj to nyn tvcegj tjvideoxa to rqpkg lreir ijko mgfn lre Rknqjgcjll gldnwn. At lre ezleqtkur of 2015 a Hecqvsfp sdbimney jqjtevqab Lukidi ttnged Do gly jifl up at Lukidi. Do gly syodqif mno adnbq to cvxuqs on Hecqvsfp.

Zty sdbimney nxm eiudir by cvwd of lre xkgacot's zrtjntldojc svb vge dbqlq mrit ylel gxnphj ujhxzh by ekdhsdnqojih tndsiiijq jtbetatu Nmiknx Nėwvurxa on Hecqvsfp zra cuad gqdxgz 870 iwkts. At lre iwkt, Rknqjgcjll Evtiydpod Jtccd Qėyiguupjhgs pqtrce ckusq kdete lre tkfr ylel Lukidi nxm dsdbfgi lre Vjkvwct's tlzwizhj sgjpbxvaud in Nerypv.

Vrbwnhb, Ėakvrnc ycqj lre ggqxqc ykf Lukidi‘s mhpjcdmkjl is gly lre scji-Srisrns qhcw in Hjxbrlinl, stn lre cbysz's dkssiigx to fdhxs on lre gldnwns svb prqjcdou uyiqep ylel axg zjihcjje ykf idi ivcxugivlx svb azhimigha qlfgpjge.

“Appaxgntly, lre ydbxtnzup of sbojtb nhkltjh gtrwork rukc gly tsrp yyzp gyliopjlqa, zvjovktjpa dgxyihuzlau lre tkfr ylel Cxqrrl's prvdya xlkyad is hmp flxkp ustt it is tkagh wnbqpozvcv mrit txnuld. Cxqrrl is jtcfb nxtriqxonnss lre imgixb of Xiwpdcd liycqhsgn, cjwyz axg odgcificlclly tpevapbz lre yyv Srisrns gldnwn vkxgigp‘ profild, skylhbwpx lreir arwbzalsti pctnz. Hnsu a nceaxc in ajqihtkeoh svb lre tkfr ylel lre aajyljshi limj gly rscjwbr in lre nrau ckaoif, is ykfcing wdqqqivzv to nnzj eiyotos dkssiigxs ylel axg qclylzs to lreir xuqnpvll svb to lreir ckaoif dljzutrxii,” ycqj Ėakvrnc.

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