Energy
Energy
Energy
Gas price falls in Lithuania’s because of LNG terminal
The National Commission for Energy Control and Prices (VKEKK) has established prices for services to be provided by the Liquefied Natural Gas (LNG) terminal in 2015. The Commission has ascertained that in the nearest future gas price will decrease and cost of heat generated using gas will not rise. […]
Energy
Public interest and shale gas in Lithuania: Is reconciliation possible?
Just prior to his mid-October 2014 visit to the United States, Lithuanian Prime Minister Algirdas Butkevičius revealed that his talks with the US government would devote special attention to energy issues, including trying to invite US companies to take part in a new shale gas exploration tender to be announced in the near future. […]
Energy
Energy
Gas price in Lithuania to go up due to LNG terminal
In 2015 natural gas price in Lithuania will increased by LTL 102 (EUR 29.5) per thousand cubic metres in order to cover the cost of building Klaipėda’s Liquefied Natural Gas (LNG) terminal. […]
Energy
American companies interested in Lithuanian shale gas, PM Butkevičius says
Several companies from the United States are interested in possibilities to explore and extract shale gas in Lithuania, confirmed Lithuanian Prime Minister Algirdas Butkevičius. […]
Energy
Lithuania tests its shale for toxic heavy metals
The Lithuanian Geological Survey under the Ministry of Environment (LGT) tested samples of rock with shale and found that the heavy metal levels in them presented no hazard to the environment. The samples were taken from rock at different depths of at least 1.2km, Lithuania’s Ministry of Environment said. […]
Energy
Electricity price falls in Lithuania due to supply growth
In October the average electricity price in Nord Pool Spot power market Lithuania trading zone was LTL 0.186 (EUR 0.053) per kilowatt hour (kWh), 6.4 percent lower than in September. According to independent electricity supplier Energijos Tiekimas, year-on-year electricity price was 16 percent lower. […]
Energy
Energy
Lithuania still undecided on building gas storage facility
Lithuania would only build an underground natural gas storage facility in Syderiai, north-west Lithuania, if it obtained the European Union’s (EU) support for the 300-million-euro project and if it failed to agree with Latvia on access to the Incukalns storage facility, energy minister has said. […]
Energy
Lithuania’s capacity to supply gas to Belarus limited, former energy minister says
Lithuania could ship natural gas from Klaipėda to Belarus only by rail as volumes would be too low to make investing in infrastructure worthwhile, Arvydas Sekmokas, a former Lithuanian energy minister, said on Tuesday. […]
Energy
PM Butkevičius: Lithuania’s LNG terminal could supply gas beyond Baltic countries
Lithuania’s liquefied natural gas (LNG) terminal in Klaipėda may supply gas not just to the Baltic countries but, if necessary, to other countries as well, Prime Minister Algirdas Butkevičius has said at the 10th Lithuania-Belarus economic forum in Mogilev. […]
Energy
Lithuanian Energy CEO expects decisions on Visaginas NPP in 2018
Decisions on building a new nuclear power plant in Visaginas, eastern Lithuania, are likely to be made sometime around 2018, the chief executive officer of the state-owned energy group Lietuvos Energija (Lithuanian Energy) says. […]
Energy
Lithuania successfully coped with EU’s third energy package, experts say
Experts say that Lithuania has successfully coped with the implementation of the EU’s Third Energy Package, which demands for separating gas transmission, distribution and supply functions. They note that Russia’s Gazprom, a vehement opponent of the reform, sold its stakes in two Lithuanian gas companies at a lower price than some had expected and that gas prices in the country have fallen considerably. […]
Energy
Lithuania’s LNG terminal successfully receives first test shipment of gas
The first shipment of liquefied natural gas (LNG) was pumped into Lithuania’s new floating LNG terminal, the Independence, which docked at the port of Klaipėda on Monday. Part of the shipment was intended to test the terminal – according to specialists, its systems work flawlessly. […]
Energy
Lithuania’s regulator says both prospective sites suitable to build nuclear plant
Both sites chosen for the construction of a new Lithuanian nuclear power plant in Visaginas (VAE) are suitable, the Lithuanian State Nuclear Safety Inspectorate, or VATESI, has stated. […]
Energy
Unsolved dilemma of Orlen Lietuva (Mažeikių Nafta)
The launch of Lithuania’s new LNG Terminal Independence in Klaipėda is cause for celebration as a victory over Russian gas dominance. as well as neighbouring Latvia and Estonia. However, another Lithuanian energy sector dilemma remains unresolved despite efforts of the European Commission and Vilnius and Warsaw – the Russian eight year long oil ‘embargo’ against the Lithuanian oil refinery Orlen Lietuva (Mažeikių Nafta). […]
Energy
US senator calls on President Obama to secure LNG supply to Lithuania
The United States should find a possibility to secure the supply of natural gas to Lithuania and other small countries, US Senator James Inhofe has said in a letter to President Barack Obama. […]
Energy
Statoil to supply 540m cubic metres of gas to Lithuania’s LNG terminal annually
The Independence, a floating liquefied natural gas (LNG) terminal, was docked in the Lithuanian port of Klaipėda on Monday. The terminal gives Lithuania the capability to import up to 4 billion cubic metres of gas a year after 2015, Invest Lithuania said. […]
Energy
Lithuania’s LNG terminal: Less dependence on Russian gas, but more dependence on fossil fuel?
This Monday, Lithuania congratulated itself on finishing a seminal project in its energy independence policy and welcomed the floating liquefied natural gas terminal in the Baltic port of Klaipėda, from where it will open a second gas import line, an alternative to Russia’s gas giant Gazprom that had monopolized the Lithuanian gas market. […]