Lithuania: oil refinery to only import Saudi crude

Polish oil group Orlen, which owns Lithuania’s Mazeikiai-based oil refinery Orlen Lietuva, plans to use only oil supplied by Saudi Arabia, Energy Minister Dainius Kreivys has said. “Orlen is renouncing Russian oil and plans to produce products only from Saudi Aramco’s Saudi Arabian oil,” said Kreivys. Up until now, most of Orlen Lietuva’s refined oil…

Georgia: cost of construction up in Q4 2021

The Construction Cost Index in Georgia increased by 13.6% in the fourth quarter of 2021 compared to the same period of the previous year, the National Statistics Office of Georgia (Geostat) announced on March 24. The increase in construction cost was mainly influenced by price changes for the following groups: construction materials – 9.64%, wages…