Latest Articles about Baltics

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

TALKS ON YUKOS ASSETS IN LITHUANIA MOVE INTO HIGH GEAR

During his September 16 visit to Washington, Russian President Vladimir Putin held a three-way meeting with ConocoPhillips president James Mulva and Lukoil chairman Vagit Alekperov to discuss, inter alia, a possible partnership of these oil companies with Lithuania. ConocoPhillips and Lukoil are interested in acquiring... MORE

MOSCOW TARGETING YUKOS IN LITHUANIA

As anticipated (see EDM, July 1), Russia has delivered to Lithuania an official request to prohibit transactions involving assets of the Yukos company on Lithuania's territory (ELTA, July 22). Those assets consist of the 53.7% stake in the Mazeikiai oil-refining and -transport complex, the largest... MORE

MOSCOW TO BALTICS: ANNEXATION WAS LEGAL, RESISTANCE CRIMINAL

In a news conference for Baltic journalists on July 18 in Moscow, Deputy Minister of Foreign Affairs Vladimir Chizhov added an innovative nuance to Russia's official thesis that the 50-year occupation of the Baltic states had been legal. While rejecting the term "occupation," Chizhov asked... MORE