CORRECTION: AB Klaipedos nafta and AB Orlen Lietuva has signed a Memorandum of Understanding for the construction of a product pipeline


On 30 October 2013 AB Klaipedos nafta (hereinafter - the Company) and AB Orlen Lietuva signed a Memorandum of Understanding for the construction of a product pipeline which spans from the refinery in Mazeikiai to the oil terminal operated by the Company in Klaipėda.

This Memorandum enables both companies to start formal negotiations on the product pipeline project feasibility, timing, loading capacities, technological, logistical and economic conditions.

 

         Mantas Bartuška, Director of Finance and Administration Department, +370 46 391 763