Mantas Mikalajūnas, CEO of the state-owned gas supply company Lietuvos Dujų Tiekimas (Lithuanian Gas Supply, or LDT), says that the 2018 prices are some of the lowest in the past 10 years.
The price of natural gas for around 468,000 customers using up to 500 cubic meters per year declined to 0.59 euros per cubic meter, from 0.64 euros.
Natural gas prices last July rose by 5-8 percent due to the expiry of a price discount obtained from Russia’s gas giant Gazprom in the spring of 2014.
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