Reg. Mazeikiu Nafta - continue
In a teleconference with capital market analysts today, PKN ORLEN President of the Board Igor Chalupec announced a delay in the signing of the financing programme in support of the acquisition of Mazeikiu Nafta. This delay is caused by the need to analyze the emergent situation in the Lithuanian refinery.
PKN ORLEN president of the Board Igor Chalupec today also spoke on the telephone with Lithuanian Prime Minister Gedyminas Kirkilas, who visited the refinery in Mazeikiu. Prime Minister Kirkilas informed President Chalupec of the activities undertaken by the Lithuanian side, including the appointment of a special government committee to investigate the causes of the incident. President Chalupec assured Prime Minister Kirkilas of PKN ORLEN’s intention to complete the transaction and provide assistance to resolve the emergent problems. President Chalupec also indicated that PKN ORLEN will analyze in detail the impact of this incident on the operational and financial status of the Mazeikiu Nafta refinery.
PKN ORLEN has declared its will to cooperate in removing the consequences of yesterday’s incident as quickly as possible.
