Latvia and Lithuania agree on joint gas purchases from US

Lithuanian Energy Minister Rokas Masiulis informed that Lithuanian energy company LitGas has already launched discussions with a US company on the supply of liquefied natural gas to Lithuania already from next year. Masiulis pointed out that Latvian colleagues are regularly updated on the progress of the talks, as Latvia too will be able to receive gas shipments from the United States.

As reported, the Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee decided earlier this week to submit to parliament the amendments to the Energy Law on the break-up of joint-stock Latvian gas company Latvijas Gaze, which could already be approved in the first reading next week.

Related Post

Meanwhile, state joint stock power supply company Latvenergo announced in September it intended to purchase its first batch of liquefied natural gas from Lithuania this year.

LETA has also reported that Latvijas Gaze will have to become two legally-independent companies by 3 April 2017, of which one will be in charge of the gas transmission and storage system, and the other will be responsible for natural gas distribution and sale, according to amendments to the Energy Law that the government approved in September.

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