Latest Articles about Baltics

RUSSIAN GOVERNMENT SPELLING OUT BALTIC OIL TRANSPORT PLANS

Addressing the “Pipeline Transport 2007” conference in Moscow on April 17, Transneft president Semyon Vainshtok and Deputy Industry and Energy Minister Andrei Dementiev declared that expansion of the Baltic Pipeline System (BPS) is currently the Russian government’s number-one priority for oil transportation (Interfax, RIA-Novosti, April... MORE

POLISH COMPANY ACQUIRES MAJORITY STAKE IN LITHUANIA’S OIL SECTOR

Lithuania’s oil industry holding, Mazeikiai Nafta, seems finally to be safe from takeover by Russian state-connected interests. The holding’s centerpiece, the Mazeikiai refinery, is the only refinery in the three Baltic states and the single most lucrative business entity in the three states. The Russian... MORE

BIDDING FOR YUKOS ASSETS IN LITHUANIA

The bidding is officially on for the Yukos company's last remaining major asset -- the Mazeikiai oil refinery and associated enterprises in Lithuania. Those enterprises, including the Butinge oil loading maritime terminal and Birzai supply pipeline, together form the largest business entity in Lithuania. On... MORE

COUNCIL OF EUROPE’S BIASED RAPPORTEUR OVERRULED ON LATVIA

As anticipated (see EDM, October 24), Council of Europe Parliamentary Assembly rapporteur Gyorgy Frunda's alignment with Russian policy on Latvia has backfired. On November 23 in Paris, CEPA's Monitoring Committee overruled Frunda's recommendations regarding "national minority rights" in that country and discontinued the monitoring procedure... MORE

COUNCIL OF EUROPE ENVOY’S STRANGE VISIT TO LATVIA

Gyorgy Frunda, chairman of the Monitoring Committee of the Council of Europe's (CEPA) Parliamentary Assembly, paid a get-acquainted visit to Latvia on October 17-19 and caused political uproar in the country. Frunda, who is also one of the leaders of the Hungarian minority's party in... MORE

TNK-BP, LUKOIL, ROSNEFT VIE FOR YUKOS LEGACY IN LITHUANIA

On October 18, the Lithuanian government decided unanimously to begin negotiations with TNK-BP regarding the sale of a majority stake in Lithuania's oil-refining and oil-transport sector, the last major remaining asset of Yukos. The government's decision follows Prime Minister Algirdas Brazauskas' unexpected October 11 statement... MORE

QUESTION MARKS MULTIPLY AFTER RUSSIAN PLANE CRASH IN LITHUANIA

Moscow is stonewalling Lithuania's ongoing investigation into the September 15 crash of a Russian Air Force Su-27 fighter jet deep inside Lithuania (see EDM, September 20). Russian military and political authorities ignore or evade Lithuania's questions about Russian radar data on the plane's flight path,... MORE