Bloomberg News

Orlen’s Lithuanian Oil Refinery Resumes Production After Repairs

June 06, 2012

Orlen Lietuva, the Lithuanian oil refining unit of Poland’s PKN Orlen SA, resumed production at full capacity today after a month of maintenance and upgrades.

The upgrades, the biggest in the history of the refinery, will help to boost EBITDA to $20 million, the Juodeikiai-based company said in an e-mailed statement today. The repairs and upgrades cost $65 million, it said.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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