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.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lietuvos Energijos Gamyba initiates a unique pilot project in the Baltics – a battery energy storage system in the Kaunas hydropower plant

Lithuanian state-owned enterprise Lietuvos Energijos Gamyba , a part of Lietuvos Energija Group,...

Lithuania decides to buy out its LNG terminal

The Klaipėda liquefied natural gas floating storage and regasification unit (FSRU) terminal should be...

Lithuania to purchase LNG terminal's vessel amid cost cutting efforts

The Lithuanian government approved on Wednesday the legislation, opening doors for the buyout of the...

Lietuvos Energija is Acquiring a Wind Farm Development Project in Poland

Lietuvos Energija , a group of energy companies, further pursues the international strategy provided...

Latvenergo starts selling natural gas in Lithuania

Latvia's state energy company Latvenergo has started offering natural gas to its customers in...