Thu, 26 Aug 1999: Oil deal coming along…

The Economics Ministry received a letter from Williams in which the Americans agreed to accept some proposals made by the Lithuanian side."[The acceptance of these proposals] helps negotiations go...

Thu, 29 Jul 1999: The devil is in the details…

A special governmental group is now hashing out the details to ensure the deal coincides with parliamentary decisions, Lithuanian law and international agreements."It's complicated work and I can ...

Thu, 14 Jan 1999: Oil company to rework Russian contracts…

January's supply of oil was due to start flowing to Mazeikiai Jan. 8. Klicmuradovas could not say how much oil would be bought this month, nor would he predict whether Mazeikiai Nafta will succee...

Thu, 3 Dec 1998: State to control Klaipeda oil…

23. The price for the new share will be fixed at 100 litas.Naftos Terminalas which owns 46 percent of Klaipeda Nafta has given 128 million litas in loans to the company. Private shareholders say t...

Thu, 24 Sep 1998: Williams, Lithuania get closer, criticism swirls…

"Approval by the board of directors gives us the green light to negotiate and conclude the final agreements and move on making Lithuania's oil sector into one of the most profitable in Europe," st...

Thu, 16 Jul 1998: Williams president visits…

The purpose of this visit is to advance these negotiations to the point where a mutually acceptable and beneficial agreement can be reached in the very near future," Bumgarner said in a press rele...
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