The situation in the Lithuanian gas market has changed materially in recent years and now it’s up to the country to decide where to buy gas, the country’s energy minister has said in comments about antitrust charges on Wednesday filed by the European Commission (EC) against the Russian gas concern Gazprom. […]
A Vilnius court on Tuesday closed its hearing into a complaint filed by Gazprom over the Lithuanian competition watchdog’s decision not to grant it full access to documents regarding an anti-trust fine of almost 35.7 million euros it imposed on the Russian gas giant. […]
Seimas Deputy Speaker Gediminas Kirkilas wants to include Poland in the planned construction of Visaginas nuclear power plant (NPP). […]
Lithuania is not considering building a new nuclear power plant in Visaginas on its own, without Latvia and Estonia, Prime Minister Algirdas Butkevičius said on Wednesday. […]
Although the three Baltic countries continue official discussions about possibilities to build a new nuclear power plant in Visaginas together, the Lithuanian authorities have started to consider chances to develop the project with just one partner – the supplier of technology, Japan’s Hitachi. […]
The current model for financing the operation of the Klaipėda liquefied natural gas (LNG) terminal can be changed if a better solution is offered, Energy Minister Rokas Masiulis said on Tuesday, commenting on a proposal from the Association of Heat Producers that all consumers contribute to the maintenance of the facility. […]
Lesto, Lithuania’s national power distribution company, has streamlined its power connection process for business and private customers. Connection time for new customers will be reduced by 2 days on average thanks to the changes, Invest Lithuania reports. […]
Over the first quarter of this year, Lithuania’s wind power plants produced 173.3 GWh of electricity. It accounts for 7 percent of all energy consumed in Lithuania, or nearly a quarter (23.6 percent) of total electricity produced in the country in Q1. […]
Lithuanian authorities’ decision to postpone a new shale gas exploration and production tender makes sense, says Jaroslav Neverovič, former energy minister and now energy expert, adding that the key task now is to put the respective legal base in order. […]
A new tender for exploration and extraction of shale resources in the west of Lithuania will not be launched at this stage, Environment Minister has said. […]
Opposition leader at the Lithuanian parliament, MP Andrius Kubilius, says the judgement of the Constitutional Court has at last safeguarded the LNG terminal. […]
Russia‘s gas giant Gazprom says that an arbitration suit it filed against Lithuania lost its relevance after it sold its stakes in Lietuvos Dujos (Lithuanian Gas) and Amber Grid for 164 million US dollars, more than it sought for in the arbitration case. […]
Lithuania’s Law on the Liquefied Natural Gas (LNG) Terminal, as amended, complies with the Constitution, the Constitutional Court ruled on Friday. […]
On Thursday, the works on laying the NordBalt cable resumed in the Baltic Sea. The last 150 kilometres will be laid by the end of this summer, the Ministry of Energy reports. […]
Gazprom has withdrawn its claim against Lithuania over the implementation of the European Union’s (EU) Third Energy Package. […]
A Vilnius court on Wednesday started hearing Gazprom‘s request to grant it full access to documents regarding a fine of almost 35.7 million euros imposed on the Russian gas giant by the Lithuanian competition watchdog. […]
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). […]
EU leaders discussed the European Commission’s proposal for building an energy union, which aims to strengthen EU policies in five key areas – ensure transparent and secure energy supplies, complete the EU internal energy market, increase energy efficiency, promote innovations and pursue efforts for more renewable energies. […]
The government said on Wednesday that if Lithuania won its arbitration dispute with Gazprom at the Stockholm arbitration court, then around 1.4 billion euros to be paid as compensation by the Russian gas giant would go to consumers. […]
Lithuania’s government is starting to discuss ways to spend approximately 1.4 billion euros, which it may receive as compensation from Gazprom if the Stockholm arbitration court sides with Lithuania in its dispute with the Russian gas giant. […]
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