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.
"Achema"
© Bendrovės archyvas

Krovinių Terminalas is seeking almost 6 million euros in damages from Klaipėdos Nafta. The company is also asking the court to declare the agreement between Klaipėdos Nafta and Orlen Lietuva null and void from the date it was concluded in 2011 and to punish Rokas Masiulis, a former CEO of the state-run oil terminal who organized and signed the deal.

According to Lietuvos Žinios, Klaipėdos Nafta and Orlen Lietuva several years ago concluded a prohibited agreement under which only the state-run oil terminal has the right to handle the Polish-owned crude refinery's light oil product exports via the Klaipėda port.

Before the agreement took effect, Klaipėdos Nafta handled around 70 percent of the refinery's light petroleum products, such as gasoline and diesel fuel, and 30 percent of these products were shipped via Krovinių Terminalas.

Baltic clothes retailer overhauling its chain

Apranga , the Baltics' leading clothing retailer, is overhauling its retail chain to improve the...

New proposal aims to unlock ‘black box' of the agri-food supply chain

Having banned unfair trading practices and improved producer cooperation, the European Commission...

Fighting cyber security threats: list of secure network's users approved

The Lithuanian government approved on Wednesday a list of institutions and organizations that will...

Lithuania changes anti-money laundering tactics

In a change of anti-money laundering tactics, Lithuania's authorities open pre-trial investigations...

Data watchdog launches probe into journalist Cerniauskas' actions

Lithuania's State Data Protection Inspectorate said on Wednesday it had launched an investigation...