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Orlen's new head leaves immediate plans unchanged

Deputy Treasury Minister Pawel Szalamacha said that the state might not demand dividends be paid out by Orlen for 2006 due to significant investments, such as Lithuanian Mazeikiu. Orlen will now have to cope with the results of the October fire in the Lithuanian refinery and shortages in deliveries of oil from Russia. "I hope that the installation being excluded from the use [due to the fire] will be restored and re-launched within a month. Launching the installation will significantly lower our $7-8 million monthly losses," said Mazeikiu's Managing Director, Paul Nelson English.(Parkiet, pp. 1, 4) M.M.

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