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Orlien Lietuva's to sign deal with local railway operator

21:27

After a years-long dispute, Orlen Lietuva will finally sign a partnership agreement with the state-owned Lithuanian rail operator Lietuvos Gelezinkeliai. Both sides have been negotiating new terms since 2009, when a 19 kilometer railway route connecting Orlen’s Lithuanian facility with the city of Renge has been disassembled. As a result, Orlen Lietuva was paying higher transport fees that its competition and has to transport its fuel via 150 km route. According to BNS agency, the new fees will be higher than the current ones, but lower than assumed in the current contract. Both sides agreed to drop all court and arbitration proceedings.

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