Klaipėdos Nafta (Klaipėda Oil), Lithuania’s state-run company managing oil and liquefied natural gas (LNG) terminals, has issued a call for tenders to secure a loan of up to EUR 300 million. The money would be partly used to pay for the rent of the LNG storage vessel. […]
The average electricity price in the Nord Pool Spot Lithuanian bidding area on 17-23 August was EUR 45.54/MWh. Compared with the previous week, the price fell by 12 percent. […]
Energy experts say that the model applied to consumers by state enterprise Lietuvos Dujų Tiekimas for recovery of overpayments for gas, which accumulated from January 2013 through April 2014, is faulty. Energy experts arrived to the conclusion after calculating that Lietuvos Dujų Tiekimas, company engaged in gas import and sales, returned in January-July 2015 only EUR 2.5 million of the EUR 34 million of overpayments. […]
Artūras Paulauskas, the chairman of the Lithuanian parliamentary National Security and Defence Committee, said after visiting Ignalina Nuclear Power Plant on Tuesday he had not seen problems in connection with loyalty of the staff of the strategic object. […]
Members of the Lithuanian Seimas’ National Security and Defence Committee are on Tuesday visiting Ignalina nuclear power plant and the neighboring municipality of Visaginas. […]
Energy company Klaipėdos Nafta, which manages Liuthuania’s Liquefied Natural Gas (LNG) terminal, has installed buoys in the Curonian Lagoon near floating storage and regasification unit (FSRU) Independence. The buoys mark a 125-metre water security zone around FSRU Independence. […]
On 27 July – 2 August, the average electricity price in the Nord Pool Spot Lithuanian bidding area was EUR 44.32/MWh. It was by 5 percent lower compared with the previous week, but lower by 29 percent compared with the same period of 2014. […]
On Thursday, the Government of Lithuania approved the plan to set up and development EPSO-G, a state-controlled group of energy companies. […]
Lithuania plans to purchase the Klaipėda LNG terminal’s floating storage and regasification unit (FSRU) in ten years, and not now, since the vessel’s owner, Norway’s Hoegh LNG, refuses to sell the ship before the term established in the contract. […]
A new tender for shale gas exploration should be announced, Lithuanian Prime Minister Algirdas Butkevičius believes. […]
Lithuania’s minister of environment admits being increasingly sceptical about a new tender for exploration of shale resources, saying that no one may be interested in searching for gas in Lithuania amid low prices of crude and gas in the market. […]
The European Commission and European Union (EU) member-states have approved financial support in the amount of EUR 27.4 million for the LitPol Link power interconnection between Lithuania and Poland, Litgrid AB, the Lithuanian electricity transmission system operator, reports. […]
A Stockholm arbitration tribunal’s oral hearing for Lithuania’s suit against Russia‘s gas supplier Gazprom was completed on Thursday after the parties to the dispute made their closing statements. […]
The Lithuanian government is considering several options to reduce the costs of maintenance of the Klaipėda liquefied natural gas (LNG) terminal, Prime Minister Algirdas Butkevičius said on Friday. […]
Natural gas supply and trading company Litgas, part of Lithuania’s state owned energy holding Lietuvos Energija, and Norway‘s Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services, Litgas reports. […]
Lithuanian energy minister believes that Stockholm arbitration court, which on Wednesday started hearing Lithuania’s suit against Russia‘s gas supplier Gazprom in which the government seeks more than a billion euros in compensation for overcharging of gas supplies, will rule in Lithuania’s favour. […]
A Stockholm arbitration court on Wednesday starts hearing Lithuania’s case against Russia’s gas supplier Gazprom in which the government seeks a compensation of more than a billion euros for overcharging for gas. […]
Energy Minister Rokas Masiulis says that Sunday’s visit by John Boehner, the Speaker of the US House of Representatives, to the Klaipėda liquefied natural gas (LNG) terminal shows that Lithuania’s efforts to ensure energy security are recognized and valued. […]
Statistics Lithuania said that it has released the annual publication Production of Commodities 2014. […]
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