The Baltic States risk losing the only refinery in the region. A refusal to invest could lead to the closure of the only refinery in the Baltic states, says the head of the concern, Iranius Papara. According to unofficial data from PAP Biznes, about 600-700 million US dollars are required to complete the investment in Mazeikiai. Against this background, it is noted in the Polish media that over the past 20 years the Orlan Group has invested more than 5 billion dollars in the Mazeikiai refinery, while Orlan Lithuania only generated about 1 billion dollars in profits during this period.

The Baltic States risk losing the only refinery in the region. A refusal to invest could lead to the closure of the only refinery in the Baltic states, says the head of the concern, Iranius Papara. According to unofficial data from PAP Biznes, about 600-700 million US dollars are required to complete the investment in Mazeikiai. Against this background, it is noted in the Polish media that over the past 20 years the Orlan Group has invested more than 5 billion dollars in the Mazeikiai refinery, while Orlan Lithuania only generated about 1 billion dollars in profits during this period.