aA
The declaration signed between the Lithuanian government and the Polish oil concern Orlen on Tuesday envisages the Polish company's investments in the Mažeikiai oil refinery and the same number of jobs, while the government should reconsider Public Service Obligation (PSO) tariffs for the company and examine the possibility of building a pipeline to Klaipeda.
Declaration between Lithuanian govt, Orlen stipulates modernization, jobs, PSO tariffs
© DELFI / Kiril Čachovskij

Lithuania's Prime Minister Saulius Skvernelis said that Orlen Lietuva was one of the most important investors in Lithuania. In his words, the government applauds the company's determination to continue the investment in the Mazeikiai oil refinery.

"The declaration envisages further directions of cooperation between the government and Orlen, as well as modernization of the Mažeikiai oil refinery in an effort to keep it competitive on global markets," Skvernelis said at the government.

In his words, the Lithuanian side confirmed the start of rebuilding of a railway stretch from Mažeikiai to the Latvian city of Renge.

Daniel Obajtek, board chairman at Orlen, welcomed the rebuilding of the 19-km railway stretch and asked for an analysis of the possibility of building a product pipeline to the Lithuanian port city of Klaipėda. In his words, the declaration is important to both the concern and the Lithuanian state.

"The declaration is very important to us, as it allows us to think about a certain field of operations. It allows us to ensure the interests of Orlen and the Lithuanian state. We are giving serious thought to the investment process and the modernization, as the investment will ensure safety of Orlen and Lithuania," Obajtek told the news conference.

Before the signing ceremony, Government Vice-Chancellor Deividas Matulionis told BNS that the declaration would also stipulate Orlen's investment in modernization of Orlen Lietuva oil refinery in Mažeikiai, northern Lithuania, as well as the company's commitment to keep the current number of jobs.

According to the declaration, Orlen, Lietuvos Geležinkeliai (Lithuanian Railways) and Klaipėdos Nafta (Klaipėda Oil) will comply to all earlier agreements, said Matulionis.

BNS
Naujienų agentūros BNS informaciją skelbti, cituoti ar kitaip atgaminti visuomenės informavimo priemonėse bei interneto tinklalapiuose be raštiško UAB "BNS" sutikimo neleidžiama.
|Populiariausi straipsniai ir video

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Avia Solutions Group bought Bluebird Nordic

On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the...

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

Avalanche of ideas developed in 'Hack the Crisis' hackathon

One of the most important tasks for hackathon organizers was to identify the most pressing issues,...

Lithuania and some other EU countries ask for Mobility Package postponement

Lithuania and "like-minded" EU member states are urging the bloc's bodies to postpone the...

Top news

"Take my kids": children from social risk families, elderly suffer from quarantine

Children from social risk families and elderly people have become even more vulnerable during the...

Scientists: coronavirus may claim around 200 lives in Lithuania

The novel coronavirus may claim around 200 lives in Lithuania and the strain on hospitals is likely...

696 confirmed COVID-19 cases in Lithuania

On Friday, 3rd April, there were 696 confirmed novel coronavirus cases in Lithuania.

276 medics are isolation in Lithuania

There are over 270 medics in coronavirus isolation in Lithuania, the country's government said on...

Two flights from Minsk to Vilnius to take place on upcoming weekend

Two flights from Minsk to Vilnius will take place under exceptional conditions over the upcoming...

|Maža didelių žinių kaina