Prime Minister Saulius Skvernelis is meeting on Tuesday in Vilnius with PKN Orlen CEO Daniel Obajtek and Michal Rudnicki, CEO of the Polish oil group's Lithuanian unit Orlen Lietuva.
© DELFI / Kiril Čachovskij

The meeting will focus on the Mažeikiai crude refinery's modernization plans and Orlen's visions and new ideas, as well as Public Service Obligation (PSO) tariffs for energy-intensive large companies, Government Vice-Chancellor Deividas Matulionis said.

"We'll discuss cooperation with Orlen in general, how our Orlen Lietuva continues to function, what problems there are, if any, what their modernization plans are. We expect them to present us with their vision, because they have ideas," Matulionis told BNS.

"We may sign a joint declaration (...). It's more a kind of courtesy visit by the Polish company's management. We won't sign any special commitments or agreements," he said.

The official added that the declaration, if signed, would be "more a letter of intent".

When asked if the meeting would address the issue of rebuilding a dismantled railway track to Renge, in Latvia, or a possible differentiation of the PSO tariff for energy-intensive companies, such as Orlen Lietuva, Matulionis said that all important issues would be discussed.

Lithuanian Energy Minister Žygimantas Vaičiūnas is also scheduled to meet with the Orlen and Orlen Lietuva CEOs on Tuesday.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Nauseda: everybody thinks about plan B despite Brexit deal

The European Union is weighing all options of possible action if the British parliament rejects the...

Nauseda: EU will approve Brexit deal, doubts remain on UK parliament

EU leaders will likely to smoothly approve the recently-reached Brexit deal on Thursday but doubts...

Cabinet approves new car pollution tax

The Lithuanian Cabinet approved on Wednesday a new tax aimed at encouraging people to buy less...

Alcohol, tobacco and diesel fuel excise tax hikes approved

The Lithuanian Cabinet decided on Wednesday to raise the excise duties on strong alcohol , diesel...

President proposes new measures to block Astravyets electricity

Lithuanian President Gitanas Nauseda on Wednesday proposed new measures to block imports of...