Energy
Test LNG cargo arriving in Klaipėda terminal
On Tuesday morning, the LNG tanker Golar Seal is bringing a test cargo of the liquefied natural gas (LNG) – around 107,000 cubic metres of gas – to Klaipėda LNG terminal. […]
Energy
Energy
The New York Times: Lithuania’s LNG terminal sends strong signal to Russia
Lithuania’s liquefied natural gas (LNG) terminal is a strong signal that Russia’s stranglehold on the Baltic countries and their energy needs can be weakened, according to the New York Times. […]
Energy
Energy Minister: Gazprom price cut brings down Lithuanian LNG terminal’s costs for consumers
A price cut that Lietuvos Dujos (Lithuanian Gas) obtained from Russia’s gas giant Gazprom earlier this year has more than covered the Klaipėda liquefied natural gas terminal’s construction costs for consumers, Energy Minister Rokas Masiulis said on Monday. […]
Energy
Baltic leaders welcome Lithuania’s “Independence” as energy security guarantee for all region
Lithuania’s new liquefied natural gas (LNG) terminal in Klaipėda will be able to cover around 90 percent of the gas needs of Lithuania, Latvia and Estonia, Lithuanian President Dalia Grybauskaitė said on Monday. […]
Energy
Norway’s minister says government won’t interfere in gas pricing even if Gazprom cuts price
The Norwegian government does not intend to influence decisions by the state-controlled energy group Statoil on the price of liquefied natural gas (LNG) sold to Lithuania even if Russia’s Gazprom further cut its gas price to make imports through the Klaipėda LNG terminal unprofitable, Norway‘s minister for EU affairs said on Monday. […]
Energy
Norwegian energy expert: Lithuania, you are incredible
As “The Independence“, floating liquefied natural gas (LNG) terminal, sails into the port of Klaipėda on Monday, Lithuania is showered with international words of congratulation on a major achievement. […]
Energy
Floating LNG terminal “Independence” sails into Klaipėda
The floating storage and regasification unit (FSRU), built for Lithuania’s liquefied natural gas (LNG) terminal, sailed into the port of Klaipėda on Monday morning. At a welcoming ceremony in the afternoon, Lithuanian President Dalia Grybauskaitė and Prime Minister Algirdas Butkevičius said this was a groundbreaking achievement in the country’s aspiration for energy independence. […]
Energy
Lithuania’s LitPol link construction halfway finished
Construction of the LitPol Link power interconnection with Poland, one of Lithuania’s most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete, Litgrid, the Lithuanian electricity transmission system operator, reports. […]
Energy
Russia’s hold on the Baltics loosens
Lithuania is set to open a floating liquid natural gas (LNG) import terminal in Klaipėda on 27 October. The LNG terminal, once fully operational, will play a significant role in reducing Lithuania and other Baltic states’ energy dependence on Russia. This will weaken Russia’s use of energy as a political tool in the Baltics, and in turn offer some limited protection for the Baltic countries in the standoff between Moscow and the West. […]
Energy
Europe is heavily dependent on energy imports, says Lithuanian energy minister
Minister of Energy Rokas Masiulis participated at the European Gas Summit organised by the British newspaper Financial Times and stressed that Europe was heavily dependent on energy imports. […]
Energy
President Grybauskaitė: Lithuania has proven that it can built LNG facility by itself
Lithuania has proven that, despite being a small country, it can build a liquefied natural gas (LNG) terminal and to ensure its energy independence without anyone’s help, the president has said. […]
Energy
Klaipėda port ready to receive floating LNG unit, Lithuanian PM says
The port of Klaipėda is ready to receive the floating storage and regasification unit (FSRU) of the Lithuanian liquefied natural gas (LNG) terminal, even if it docked today, says Prime Minister Algirdas Butkevičius. […]
Energy
Lithuanian Power Plant to scrap two antiquated units
The Board of the national electricity generation company Lietuvos Energijos Gamyba (Lithuanian Energy Production) has decided to decommission units 1 and 2 of the Lithuanian power plant (Elektrėnai Power Plant) starting from 1 January 2015. […]
Energy
Lithuania steps up vigilance before LNG ship arrival
Lithuania has stepped up vigilance as it is awaiting the arrival of the LNG ship-terminal, Lithuanian Minister of National Defence Juozas Olekas said, adding that every incident in the Baltic Sea must be taken very seriously. […]
Energy
Lithuanian antitrust panel: compensation for gas overpayment may qualify as state aid
Compensation to non-household users for the overpayment for natural gas may qualify as state aid, the Competition Council told the Cabinet on Monday in comments about a decision drafted by the Energy Ministry. […]
Energy
Energy minister: Submarine incident near Sweden poses no threat to Lithuanian LNG terminal project
Minister of Energy Rokas Masiulis has said that the incident in the Swedish Baltic Sea waters, where a suspected Russian submarine might have been spotted over the weekend, should not hamper Lithuania’s Liquefied Natural Gas terminal project. […]
Energy
New high voltage power line launched in Lithuania
A newly-built high voltage power line between Klaipėda and Telšiai has been put into operation. It is the first 330 kV overhead power line built after the restoration of Lithuania’s independence. The power line will transmit electricity from Northern Europe to Lithuania when the NordBalt power link begins to operate, energy company Litgrid announced in a statement. […]
Energy
Energy
European Commission: Klaipėda LNG facility will ensure supply for all three Baltic countries
If gas supplies from Russia to Lithuania, Latvia and Estonia were to be disrupted, the soon-to-be-commissioned liquefied natural gas (LNG) facility in Klaipėda would ensure the supply for customers in all three Baltic countries, the European Commission (EC) has said. […]
Energy
Electricity price may go down, says Lithuanian energy minister
Lithuanian Energy Minister Rokas Masiulis says that electricity prices may go down next year following a cut in the public service obligation (PSO) budget. […]