SGD terminalas

Latvia would like to have common LNG terminal project in Baltic region

Rolands Irklis, Board Member of the Public Utilities Commission of Latvia, who will be speaking at the Traditional and Renewable Energy Forum in Vilnius next week, says that it would be better for Baltic States to agree on common liquefied natural gas (LNG) terminal project and apply for EU funds to develop it. […]


Lithuania to earmark additional EUR 3.1m for litigation with Gazprom

The Lithuanian government plans to earmark additional 3.14 million euros for litigation with Russia’s Gazprom at the United Nations’ arbitration court (UNCITRAL, United Nations’ Commission on International trade Law). […]

Rokas Masiulis
European Union

“Riga Process” moves ahead towards creating EU Energy Union

Lithuania’s Minister of Energy Rokas Masiulis paid a visit to Riga to take part in a conference on the creation of the European Energy Union. Latvia is currently presiding over the Council of the European Union. The Lithuanian energy minister says such union might contribute to dealing with issues which are given insufficient attention on the current EU agenda and which lack European-level support. […]

South stream, Pietų srautas

Europe and Russia after South Stream

The crisis in Ukraine, and in particular Russia‘s recent cancellation of the South Stream natural gas pipeline project, has had substantial ripple effects on the energy dynamics on the European continent. The Russians and Europeans both have put forth several potential replacements for the now scrapped pipeline, with Turkey likely to play a pivotal role either way. […]

No Picture

Ball in Latvia’s court after Lithuania’s LNG terminal officially launched operations

Lithuania’s 500-million-litas (EUR 145m) liquefied natural gas (LNG) facility, which is the country’s first alternative to Russian gas supplies and which the government believes could become a regional terminal, is officially launching operations on Wednesday, but Latvia and Estonia will have to wait until they are able to make use of its full potential. […]

Dalius Misiūnas

Lithuania successfully coped with EU’s third energy package, experts say

Experts say that Lithuania has successfully coped with the implementation of the EU’s Third Energy Package, which demands for separating gas transmission, distribution and supply functions. They note that Russia’s Gazprom, a vehement opponent of the reform, sold its stakes in two Lithuanian gas companies at a lower price than some had expected and that gas prices in the country have fallen considerably. […]


Stockholm arbitration to hear Lithuania’s claim against Gazprom next year

Stockholm arbitration court will hear the Lithuanian government’s multi-billion-litas suit against Russia’s gas supplier Gazprom over unfair gas pricing next summer, Prime Minister Algirdas Butkevičius said on Thursday. […]