February 19, 2010 / 6:30 AM / 10 years ago

PKN refinery sale would be mistake-Lithuania official

GDANSK, Feb 19 (Reuters) - Poland’s largest refiner PKN Orlen PKNA.WA would be making a mistake if decides to sell its Lithuanian refinery Mazieiku Nafta, the head of the Lithuanian Prime Minister’s chancellory said late on Thursday.

“It would be a mistake if PKN would start talks on selling Mazeikiu. Selling a minority stake would not be a tragedy... but should PKN cede control, it would be a mistake,” said Deividas Matulionis.

On Thursday PKN said it is ready to talk with Russian companies over cooperation at the underperforming Lithuanian unit.[ID:nLDE61H22C]

Reporting by Pawel Bernat, writing by Patryk Wasilewski; Editing by Erica Billingham

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below