Gazprom ‘tried to undermine Lithuanian LNG terminal’

However, the intelligence does not specify who these major gas consumers were, how were they influenced, or how attempts were made to compromise the LNG terminal.

The largest gas consumer in Lithuania is Achema which was purchasing gas from Gazprom, but has now come to an agreement to buy gas from Statoil through the LNG terminal.

The report said Russia reduced freight flows through the Baltic countries last year, which resulted in a 13% decrease in volumes to the Kaliningrad region. This affected Lithuanian Railways’ financial results as transportation of Russian cargo is the most profitable activity of the company.

VSD identifies this move by Russia as a protectionist transport policy and directed against Lithuanian transport companies. Russia decided to transport cargo with ferries between the Baltijsk port in Kaliningrad region and the Ust-Luga port in the Gulf of Finland, but transportation via this route is more expensive than through Lithuania.

Related Post

However, last year, third country (mainly Russian) energy companies took an increasing interest in investment in major Lithuanian projects – Klaipėda seaport, railway infrastructure, electricity interconnections.

“With the possibility to import cheaper electricity from Sweden, there has been an increased interest from Russian (and other third countries) energy companies in opportunities to export electricity from Lithuania or through Lithuania, in particular through the LitPol Link connection,” the report said.

15min.lt

Share

Recent Posts

  • Latest

Message from the President’s Office to Paluckas on Žemaitaitis

While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…

1 month ago
  • Economy

Surprised by what’s happening in Lithuania: this is what makes us stand out in the EU

Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…

2 months ago
  • Politics

Will the coalition shut the door on Žemaitaitis?

"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…

2 months ago
  • Tribune

Airvolve has begun the patenting process for an exclusive aircraft

Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…

2 months ago
  • Latest

Bruveris. The world in 2025: a continuation of last year’s collapses towards new fires

The world is becoming smaller, more intertwined, and increasingly fragmented, with many of the previous…

2 months ago
  • Tribune

Why Fine Dining Is Gaining Popularity in Vilnius?

In recent years, Vilnius, the vibrant capital of Lithuania, has experienced a culinary renaissance. While…

3 months ago