During a visit to Minsk, US Deputy Secretary of State D. Hale announced that after a break of 11 years, the countries will once again be represented at the level of ambassadors. The US embassy […]
The Klaipėda liquefied natural gas floating storage and regasification unit (FSRU) terminal should be bought out by the end of 2024, members of Seimas voted today. […]
The Lithuanian government approved on Wednesday the legislation, opening doors for the buyout of the country’s liquefied natural gas (LNG) terminal’s floating storage and regasification unit (FSRU) which Lithuania currently leases. […]
With the Lithuanian government due to decide on the future of the Klaipėda liquefied natural gas (LNG) terminal, businesses call on the authorities to look for ways to lower the terminal’s costs for gas consumers and energy experts say that these costs will go down and that the floating storage and regasification unit (FSRU) will remain useful to the country in the future as gas will play an increasingly important role. […]
In a study on the future of the liquefied natural gas (LNG) terminal, foreign experts did not assess the prospects of the fertiliser market despite the fact that this branch of the industrial sector accounts […]
The cooperation memorandums signed between Lithuanian companies and Freeport LNG, the US liquefied natural gas (LNG) supplier and operator of the future export operator, represent one more step towards getting rid of Russia‘s gas supply monopoly that has lasted for six decades, Lithuania’s President Dalia Grybauskaitė says. […]
Lithuanian companies on Tuesday signed cooperation agreements with Freeport LNG, the US liquefied natural gas (LNG) supplier and operator of the future exports terminal. […]
Ahead of the meeting of United States President Donald Trump with the leaders of Lithuania, Latvia and Estonia in Washington D.C. on Tuesday, BNS Lithuania is presenting three key topics of the meeting. […]
There are high expectations for the Washington visit, which will feature a meeting between the US and Baltic States’ presidents, because there will be talks about military, cyber and energy security, alongside other problems, President […]
The declaration signed between the Lithuanian government and the Polish oil concern Orlen on Tuesday envisages the Polish company’s investments in the Mažeikiai oil refinery and the same number of jobs, while the government should reconsider Public Service Obligation (PSO) tariffs for the company and examine the possibility of building a pipeline to Klaipeda. […]
Lithuania’s government and Poland’s oil concern Orlen signed a cooperation declaration in Vilnius on Tuesday, Prime Minister Saulius Skvernelis said. […]
Lithuania expects to sign this year new contracts with US liquefied natural gas (LNG) suppliers, Energy Minister Žygimantas Vaičiūnas said on Monday. […]
Marius Pulkauninkas, currently chief financial officer at Lithuania’s state-controlled energy terminals operator Klaipėdos Nafta (Klaipeda Oil), is to be appointed chief executive officer of Valstybiniu Miškų Urėdija (State Forestry Enterprise). […]
The Urbutis brothers, owners and top executives of Naftos Grupė (Oil Group), an oil product forwarding company that was granted exceptional terms for the transshipment of oil products via Klaipėdos Nafta (Klaipėda Oil) in 2005 to 2010, have filed appeals against the ruling by a Klaipeda court to sentence them to terms in prison. […]
A special government commission in Lithuania will be able to vet state-owned and privately-owned strategic enterprises’ deals exceeding 10 percent of their annual revenue. […]
A court has sentenced former top executives of Naftos Grupė (Oil Group), an oil product forwarding company that was granted exceptional terms for the transhipment of oil products via Klaipėdos Nafta (Klaipeda Oil) in 2005 to 2010, to several years in prison and ordered them to pay the state-owned oil terminal almost 21 million euros in damages. […]
Lithuania’s Prime Minister Saulius Skvernelis is attending a meeting of heads of governments of 16 Central and Eastern European nations with China’s Prime Minister Li Keqiang in Hungary on Monday. […]
On November 8, six partners – science institutions and businesses – set up an LNG platform. The platform is aimed at strengthening and developing the LNG market and relevant activities in Lithuania, Klaipėdos Nafta writes in a press release. […]
Companies and objects that are of state importance for Lithuania are being prepared to withstand potential cyber-attacks. Representatives from Vilnius Airport, Klaipėda Seaport, electricity production company Lietuvos Energija and oil terminal operator Klaipėdos Nafta told […]
Lithuanian Prime Minister Saulius Skvernelis says that strategic state-owned enterprises will not be privatized, but adds that some problem companies could be partially privatized by listing their shares on the stock market. […]
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