Energy Minister Rokas Masiulis has not denied that Lithuania is in talks with Norway‘s Statoil on a more flexible schedule of liquefied natural gas (LNG) imports, saying that various operating modes at Klaipėda LNG terminal and its possibilities are currently being tried out and that the ministry has asked companies related to the LNG facility to prepare for various possible scenarios. […]
A Stockholm arbitration court will next week start hearing the Lithuanian government’s suit against Russia‘s gas supplier Gazprom over unfair gas prices. […]
Lithuania and 18 other EU member states may exceed their 2020 renewable energy targets, the European Commission said in its latest renewable energy progress report published on Tuesday. […]
Klaipėdos Nafta AB, an operator of the Klaipėda Oil Terminal, has signed an agreement under which the Lithuanian company will help to build a liquefied natural gas (LNG) terminal in Colombia. This is the very first this kind of agreement in the Lithuanian energy sector. […]
Lithuanian Prime Minister Algirdas Butkevičius has reiterated his call on Poland to resolve the issue of funding for the Gas Interconnection Poland-Lithuania (GIPL) project as quickly as possible. […]
The Topaz Installer cable laying vessel has finished her work. In just a year and two months, with short interruptions, she laid 400 kilometres of NordBalt cable onto the bottom of the Baltic Sea. 90 percent of the link construction works have already been completed, reports energy company Litgrid. […]
On Friday, 5 June, Minister of Energy of Lithuania Rokas Masiulis met with Director General of Nord Pool Spot power market Mikael Lundin to discuss the development of electricity links with Sweden and Poland. […]
On 4 June, Lithuania’s National Control Commission for Prices and Energy (VKEKK) adopted a decision to fine LESTO, state-owned electricity company, which will have to pay EUR 300,000 for the violations detected in the act of scheduled inspection. The company is also ordered to correct the regulated cost statements for the period 2011-2013, LESTO reports. […]
Since the establishment of the European Coal and Steel Community in 1952, energy policy has been at the centre of European legislation. According to the paper issued by the Commission in 1995, EU energy policy should be based on three pillars: sustainability, competitiveness and security of supply. […]
Lithuanian Prime Minister Algirdas Butkevičius, who took part in the opening ceremony of a new biofuel boiler house in Elektrėnai on Friday, said that this object will also contribute to business development because it will increase the operating volumes of regional companies engaged in biofuel production and sales. […]
Speaking at the annual ‘Traditional and Renewable Energy Forum’ on 13 May in Vilnius, Lithuania, event organizer and Chairman of the Estonian Chamber of Commerce, Robert Juodka, told the Lithuania Tribune he believes the Lithuania is now able to support its own energy needs. […]
Lithuania’s natural gas transmission system operator, AB Amber Grid, and Poland‘s gas transmission system operator, GAZ-SYSTEM S.A., signed a tripartite agreement with the European Union‘s (EU) Innovation Network Executive Agency (INEA) on the financial assistance of the EU to the project Preparatory Works for the Poland-Lithuania Gas Interconnection up to building permission(s) obtainment. Under this agreement, the project was granted financial assistance of the EU of EUR 10.6 million under the Connecting Europe Facility (CEF), AB Amber Grid said in a statement. […]
Lithuania’s state controlled energy company group Lietuvos Energija decided to merge its two natural gas supply daughter companies: Lietuvos Dujų Tiekimas and LITGAS. Such move will create one powerful gas supply company in Lithuania which will seek to expand its activities in the Baltic region, Lietuvos Energija UAB reports. […]
Lithuania’s shut-down Ignalina Nuclear Power Plant (INPP), which is carrying out multi-million-euro decommissioning projects, will have to re-evaluate the British law firm DLA Piper’s bid for a legal services contract, the Public Procurement Office said. […]
The third commercial shipment of liquefied natural gas (LNG) will be delivered to the Lithuanian LNG terminal, the first such facility in the Baltic countries, this week. […]
European Commission officials have checked progress in decommissioning of Lithuania’s shut-down Ignalina Nuclear Power Plant (INPP). […]
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