[ad_1]
According to a press release, the company is considering building a new heavy oil refinery to increase efficiency and improve product quality.
The advisor to the Minister of Economy, Evelina Butkutė-Lazdauskienė, told BNS that the ministers positively evaluated the company’s plans, in addition, they discussed the possibilities of how the state could contribute to the development of said project.
Orlen Lietuva has plans to invest in a new project in Lithuania and in a really big project, they would plan to build oil waste refining facilities. I don’t know how much the language is speaking, but it is hundreds of millions of euros, ”E. Butkutė-Lazdauskienė told BNS.
He was unable to comment on further details until now.
“We positively appreciate this initiative of the oil refinery and we agree that such a project could be developed in Lithuania.” Since the beginning of its establishment in Lithuania, PKN Orlen has taken seriously its investments in the modernization of the Lithuanian refining products plant. Such plans are welcome, ”said Economy and Innovation Minister Rimantas Sinkevičius in the press release.
According to the Minister, the Government, in turn, could consider how to contribute to the implementation of this project.
“If the Orlen Lietuva project were implemented, we could think about how to improve the country’s infrastructure so that the project could be implemented successfully and at the same time contribute to the competitiveness of the Lithuanian economy. We are not talking about volumes yet, but we should consider with what funds could we improve that infrastructure, making optimal use of state and EU funds ”, says R. Sinkevičius.
Polish company PKN Orlen acquired Mazeikiu Nafta in 2006. The company says that since then it has invested nearly $ 4 billion. AMERICAN DOLLAR.
[ad_2]
