Rokas Masiulis
Energy

High expectations for Lithuania’s new Energy Minister

Rokas Masiulis, the CEO of Klaipėdos Nafta (Klaipeda Oil) who was on Monday appointed as the country’s new energy minister, says that he has already discussed the energy sector’s prospects with Loreta Graužinienė, the leader of the Labour Party which delegated him to the post. […]

The Independence, the floating LNG storage unit
Energy

How will Lithuania’s LNG terminal work?

The liquefied natural gas (LNG) floating storage, which at the beginning of the year was solemnly named “The Independence”, and will start functioning this December, will be stationed alongside the quay on the island of Kiaulės Nugara (Pig’s Back). However, if necessary, it will be able to depart from the quay and transport gas, says Indra Milinienė, communications manager of Klaipėdos Nafta, the company implementing the LNG Terminal project. […]

Avigdor Lieberman
Energy

Israel does not consider exporting natural gas to Lithuania yet

For the time being, Israel may consider exporting natural gas only to Southern Europe, while the possibility of bringing it to Lithuania is not yet on the table, said Israel’s Foreign Minister Avigdor Lieberman during his working visit to Lithuania. […]

Floating storage and regasification unit Independence
Energy

Lithuania’s prime minister assures LNG terminal will be completed on schedule

Lithuania’s new liquefied natural gas (LNG) terminal in Klaipėda will be completed on schedule in November, when a floating storage and regasification unit (FSRU) built for the facility is to come to the port, Prime Minister Algirdas Butkevičius said on Tuesday. […]