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Keyword: ventspils

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  • PKN Orlen Bidding for Latvian Port

    08/09/2006 1:17:26 PM PDT · by lizol · 2 replies · 167+ views
    The Moscow Times ^ | August 9, 2006.
    PKN Orlen Bidding for Latvian Port Combined Reports RIGA -- Latvia's sale of a 38.6 percent stake in its main oil export terminal, Ventspils, has attracted at least seven or eight foreign suitors, Latvia's economy minister, Aigars Stokenbergs, said Tuesday. The government aims to sell its holding in the terminal in an auction on the Riga stock exchange. The listing, it has said, could take place in October. It has also said it hopes to receive at least $70 million for the stake. "Apart from Poland's PKN Orlen and the Kazakhstan government, Flemings Group and an Austrian Consortium have already...