International Internet Magazine. Baltic States news & analytics
Thursday, 23.03.2017, 12:19
Polish-owned Lithuanian oil company Orlen Lietuva will load petrol and diesel fuel produced at its facility in Mazeikiai, northern Lithuania, onto tank vehicles in the port city of Klaipeda after bringing it by rail. The operations will be conducted in a renovated modern site of Klaipedos Nafta company, informed LETA/BNS.
Keyword tags: Cargo, Energy, Lithuania, Markets and Companies, Oil
The state owned Estonian energy group Eesti Energia is about to invest 52.5 mln euros in Attarat Power Company (APCO), a company set up to carry out a large scale, oil shale based power generating project in Jordan, reports LETA/BNS.
The Administrative Regional Court partly satisfied the claim that Euromin Holdings (Cyprus) Limited (Euromin), a company of Vitol Group, had filed against the Latvian financial regulator, the Finance and Capital Market Commission (FCMC), in a dispute over the price of shares in Ventspils Nafta holding company in the mandatory buyout offer, the court said LETA/BNS.
Attarat Power Company (APCO) has announced that it has reached financial close for the 2.1-billion-U.S.-dollar project to build the first oil shale fired power station and open cast mine in Jordan, reports Eesti Energi.
Belarus for the first time has purchased a batch of oil from Iran, and possibly it might be delivered via Latvia’s Ventspils port, Reuters learned from unofficial sources, writes LETA.
EUR 465.75 mln in excise-duty from oil products sold in Latvia was collected last year, which is by EUR 37.43 mln or nine percent more than the previous year, according to information from the State Revenue Service writes LETA.
The owners of the Estonian fuel trading company Olerex last week recalled the whole management board of the company, and starting from Jan. 25 Andres Linnas, one of the owners, is the sole member of the management board, reports LETA/BNS.