Energy
Lithuanian parliament returns Law on LNG terminal amendments for improvement
The Seimas of Lithuania, parliament, on Tuesday returned the amendments to the Law on the Liquefied Natural Gas (LNG) Terminal for improvement. […]
Energy
Energy
Energy
NordBalt to provide more energy security for 6m people in Baltics
Two months remain until the completion of the biggest joint Swedish and Lithuanian project NordBalt. In December the electricity produced in Scandinavia will be transmitted directly to Lithuania for the first time in history. King Carl XVI Gustaf and Queen Silvia of Sweden along with the President of Lithuania Dalia Grybauskaitė evaluated the NordBalt implementation progress while visiting the construction site of the NordBalt high voltage direct current (HVDC) converter station in Klaipėda. […]
Energy
Elektrėnai Power Plant ups production due to electricity price hike
Combined cycle unit of Elektrėnai Power Plant increased electricity generation due to significant price hike in the Nord Pool Spot power market. Thursday afternoon the unit was generating electricity at 420 MW capacity, thus ensuring the security of electricity supply. For comparison, almost the whole time since mid-April the unit was operating at the minimum capacity of around 235 MW. […]
Energy
Lithuanian PM: Russia demanding damages from Baltics for leaving BRELL only ‘interpretation’
Lithuania is moving from the post-Soviet to European electricity transmission system and Prime Minister Algirdas Butkevičius says claims that Russia and Belarus will incur damages as a result are nothing but “interpretations”. The prime minister says Lithuania is not considering paying compensations to Russia and Belarus under the so-called BRELL treaty. […]
Energy
Lithuania might have to pay billions for quitting Soviet energy system
As Lithuania is approaching its goal of separating from the electricity network extending across the former Soviet Union and fully integrating itself into the energy system of Western Europe, Moscow might claim multi-billion-euro damages that Vilnius could be liable to pay based on a treaty signed 14 years ago. […]
Energy
Lithuanian energy companies Lesto and Lietuvos Dujos to be merged
Lithuanian electricity distribution network operator Lesto and Lithuanian gas distribution network operator Lietuvos dujos will be reorganised. […]
Energy
Lithuanian energy minister discusses energy import from USA
Minister of Energy of Lithuania, Rokas Masiulis, is making a visit to the United States, where on Wednesday he met with Lisa Murkowski, Chairwoman of the US Senate’s Energy and Natural Resources Committee. The meeting addressed export opportunities of energy resources from the US to Europe and Lithuania. […]
Energy
Energy
Lithuania may put off shale gas exploration tender again
Lithuanian Environment Minister Kęstutis Trečiokas is sceptical about the prospects for a new shale gas exploration tender and does not rule out that the government might postpone the launch of the procedure again. […]
Energy
Energy
Minister Masiulis: NordBalt opens Scandinavian electricity market surplus for Lithuania and Latvia
The 453-kilometer long 700 megawatt NordBalt power interconnection is one of the most important projects in the history of Baltic countries’ energy sectors. Although the submarine cable is laid between the coasts of Lithuania and Sweden, the project will equally benefit to Lithuania and Latvia,” said the Minister of Energy, Rokas Masiulis, to Latvian reporters during a meeting in Klaipėda. […]
Energy
EC vice-president: Lithuania may expect financing for its energy projects from Juncker Plan
Lithuania may expect financing for its energy projects from the 315-billion-euro European Fund for Strategic Investments (EFSI, the so-called Juncker Plan), Jyrki Katainen, Vice-President of the European Commission, has said in Vilnius. […]
Energy
NordBalt cable lying safe on bottom of Baltic Sea
All cable-related works on the NordBalt power interconnection have been completed in the Baltic Sea. The 400km submarine cable connecting Lithuania and Sweden has been protected from vessel anchors and fishing equipment along its most vulnerable sections. […]
Energy
Energy minister: Lithuania’s N-plant project could be launched within three months
Lithuania’s stalled project on the construction of a new nuclear power plant in Visaginas, in the eastern part of the country, is at the most advanced stage, compared to similar projects in Europe, Lithuania’s Energy Minister has said, adding that the construction of the facility could be launched within three months if the Baltic countries agreed to do that. […]
Energy
Energy minister: Poland one of Lithuania’s key partners in energy
On 9 September, Lithuania’s Minister of Energy Rokas Masiulis in Poland made a speech on energy security at the 25th Economic Forum in Krynica, and he is taking part in meetings with representatives from Polish government and energy companies. […]
Energy
Energy
Lithuania could start talks on gas imports from Israel next year, PM says
With Israel set to launch massive liquefied natural gas production in 2016, Lithuania could begin talks on gas imports “at specialists’ level” as soon as next year, Prime Minister Algirdas Butkevičius said. […]
Energy
Lithuania’s energy minister going to Poland to discuss GIPL
Lithuania’s Energy Minister Rokas Masiulis is going on a visit to Poland to discuss ways to speed up the implementation of GIPL, the Gas Interconnection Poland-Lithuania project, and other energy cooperation issues. […]
Energy
Lithuanian PM to discuss buying gas from Israel
Lithuanian Prime Minister Algirdas Butkevičius will visit Israel next week in order to discuss cooperation in the energy sector, reports Israeli news website walla.co.il. […]