Economic Calendar

Friday, November 7, 2008

Mazeikiu Sees No `Significant' Effect on Refining From Fire

Share this history on :

By Milda Seputyte and Katarzyna Klimasinska

Nov. 7 (Bloomberg) -- AB Mazeikiu Nafta, the only oil refinery in the Baltic states, doesn't expect a fire today to have any ``significant'' effect on production, Rosvaldas Gorbaciovas, a spokesman for the company, said by phone.

The blaze burned for 20 minutes in the visbreaking unit at the subsidiary of PKN Orlen SA, Poland's largest oil company, spokesman Jacek Komar said by phone.

The unit at the refinery in Juodeikiai, Lithuania, has been shut down, Gorbaciovas said.

A visbreaking unit increases the amount of diesel and heating oil that can be processed from a barrel of crude.

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




No comments: