23 November 2007 16:47 [Source: ICIS news]
PRAGUE (ICIS news)--An oil pipeline serving the Mazeikiu Nafta refinery in Lithuania will not be repaired after being closed last year due to an apparent leak, the Russian industry and energy ministry said on Friday
Feasibility studies found that repairing the
PKN Orlen previously said it was prepared to wholly turn to higher-cost seaborne crude deliveries to make its plans for Mazeikiu viable. The company was unavailable to comment on Friday.
Russian authorities closed the pipeline in late 2006, claiming there had been an oil leak.
Analysts have suggested that the link was shut because a non-Russian company had been allowed to acquire Mazeikiu Nafta. This has been denied by Russian authorities.
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