At the official opening of Nord Stream

Europe willingly getting into the noose of „Gazprom“

On Sunday Gazprom started constructing the “TurkStream” pipeline, which is another piece of the puzzle for Russia to supply gas to Western Europe by bypassing East European countries. Romas Švedas, who is an independent energy […]

Mantas Bartuška

Bartuška appointed as CEO of Lithuanian Railways, Švedas as board chairman

Mantas Bartuška, currently CEO of the state-run oil product and liquefied natural gas terminals operator Klaipėdos Nafta (Klaipėda Oil), has been appointed as a new CEO of Lietuvos Geležinkeliai (Lithuanian Railways, or LG) and Romas Švedas, an independent expert and a former energy minister, has been appointed as chairman of the state railway company’s new management board. […]

Astravyets Nuclear Power Plant

‘Google-translated’ environmental impact report has Lithuania doubting Belarus serious on nuclear safety

An environmental impact assessment report that Belarus has presented to Lithuania regarding its Astravyets Nuclear Power Plant reads like it was written with an automated translation engine and raises concerns that nuclear safety is not taken seriously, Lithuanian experts say. […]

Romas Švedas

Former energy vice-minister: Deal with Statoil gives Lithuania a trump card in negotiations with Russia

Last week, Lithuania signed a historic contract of liquefied natural gas (LNG) supply with the Norwegian company Statoil. Even if the price of gas set by Statoil will be somewhat higher than the one Lithuania pays now, it is important that, for the first time in history, the country has an alternative to Russian gas, says Romas Švedas, former deputy minister of energy and lecturer at the International Relations and Political Science Institute of Vilnius University (VU TSPMI). […]