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11 June 2004 22:47
Yukos not considering selling Mazeikiu Nafta
VILNIUS. June 10 (Interfax) - Russian oil company Yukos is not considering selling shares in its Lithuanian holding Mazeikiu Nafta, on the contrary - the company is planning to develop its activity in Lithuania, acting Yukos RM President Pyotr Zolotarev said at a meeting with Lithuanian Prime Minister Algirdas Brazauskas on Thursday. Brazauskas said that the government also "is not discussing buying shares from Yukos, particularly as it does not plan to sell them." The The Lithuanian prime minister visited Mazeikiai Oil Refinery, where he discussed Mazeikiu Nafta operations with representatives from Yukos, a source in the government press service told Interfax. Lithuanian opposition has called on the government to be ready to buy the shares in the event of the Yukos scandal dragging out. The prime minister said that he is confident that the oil holding company will continue to operate profitably. He does not consider that the events at Yukos may have an indirect influence on Mazeikiu Nafta activities. Mazeikiu Nafta contains Butinges Nafta, the only oil refinery in the Baltic states - Mazeikiai Oil Refinery and the Naftotiekis pipeline. Yukos owns 53.7% of shares in Mazeikiu Nafta and the Lithuanian government - 40.66%. [RU ASIA EUROPE EEU EMRG LT CORA MRG STX] rd RTS$#&:
[Interfax]
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