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Lithuania approves Yukos and Williams deal.(Brief Article)

FSU Energy

| June 29, 2001 | COPYRIGHT 2003 Argus Media Inc. (Hide copyright information)Copyright

Lithuania's acting government has approved a deal between Yukos and US company Williams under which the latter will buy a 26.85pc stake in Lithuanian oil firm Mazeikiu Nafta (MN) (FSUE, 22 June, p 1). A Lithuanian government spokesman says the government plans to hold further negotiations with both firms, in particular over a proposed $75mn loan to MN. But he says that the government does not want the state to …

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