Prime Minister Algirdas Butkevičius has asked his energy minister to find out if it is technically possible to restrict the supply of electricity from Belarus’ new nuclear power plant, which is part of the so-called BRELL energy ring that also includes the Baltic countries and Russia. […]
At the end of February, electricity prices across the Baltic states moved in different directions. Electricity prices fell by 2 percent in Lithuania and Latvia while rising by 4 percent in Estonia. […]
Lithuania’s ethics commission announced it is to open a probe into Lietuvos Energija CEO and chairman Dalius Misiūnas over an alleged conflict of interest. […]
The operation of the electricity interconnector between Lithuania and Sweden pushed electricity prices down to record lows in Lithuania last week, according to Litgrid, as it started to operate in test mode. […]
Lithuania wants to purchase the Klaipėda LNG terminal’s floating storage and regasification unit (FSRU) from Norway’s Hoegh LNG before the expiry of the 10-year lease period in an effort to reduce the terminal’s costs and will seek support from the European Union for this purpose, Energy Minister Rokas Masiulis said on Tuesday. […]
The European Union’s (EU) researchers will draw up proposals by summer identifying the best ways to synchronize electricity grids of the Baltic countries and Western Europe, Maroš Šefčovič, the European Commission’s Vice-President for the Energy Union, has said while on a visit to Lithuania. […]
The safety of the Astravyets nuclear power plant that Belarus is building near the border with Lithuania should be a matter of concern for the entire European Union, Lithuanian President Dalia Grybauskaitė has said, calling on the EU to seriously consider restricting the import of electricity generated by that facility to the EU market. […]
Global BOD Group, a Lithuanian group unifying high-tech companies throughout the Baltics, has struck a deal with Sunjaya Purwadi, the governor of the Indonesian region of Cirebon, to build solar power plants in Indonesia. […]
Lithuanian electricity supplier Inter RAO Lithuania increased its profits by over 40% from €12.3 million in 2014 to €18.8 million in 2015, driven by better performance at its wind farms. […]
Lithuania’s gas trade company Litgas, which is part of the state-owned energy holding Lietuvos Energija (Lithuanian Energy), on Thursday signed a revised LNG supply contract with Norway’s Statoil. […]
Lithuania was one of the few EU countries to reduce its dependence on Russian gas supplied by Gazprom last year, with 20 countries including Germany, Italy, Britain and Denmark all importing more gas from the Russian energy giant in 2015. […]
The International Center for Settlement of Investment Disputes (ICSID) in Washington has accepted a request to arbitrate between France‘s Veolia group and the Lithuanian government. […]
The increasing share of liquefied natural gas (LNG) in the Lithuanian market and the decreasing dependence on Russian gas is a good sign for consumers in Lithuania, according to analysts. […]
Most of Veolia‘s allegations against Lithuania seem to be unfounded, said Lithuanian Energy Minister Rokas Masiulis on Monday. Masiulis was commenting on the French group’s request for arbitration in which it is seeking around €100 million in compensation from the Lithuanian state for allegedly unfair treatment and expropriation of its Lithuanian assets. […]
Minister of Energy Rokas Masiulis says that a broad political consensus is needed in Lithuania on the issue of the Astravyets nuclear power plant under construction in Belarus. […]
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