Vidar Helgesen said that Lithuania may expect gas prices to go down now that it has two gas suppliers.
“For a very long time, we have made it clear that (…) commercial decisions are taken by Statoil, its leadership, and, therefore, we don’t interfere with pricing mechanisms or decisions,” the minister told reporters in Klaipėda where he is attending a welcoming ceremony for the Independence, the floating storage and regasification unit (FSRU) built for Lithuania’s LNG terminal.
“The fact that Lithuania will now get more options will result in competition. Competition is likely to result in better prices,” he said.
The Norwegian government holds a 67-percent stake in Statoil.
In recent years, Vilnius, the vibrant capital of Lithuania, has experienced a culinary renaissance. While…
On 29 December, the Finnish publication Iltalehti published information from NATO sources on the scenario…
Georgia has risen up against the anti-European regime of Bidzina Ivanishvili, Rasa Juknevičienė, Permanent Rapporteur…
Not even a week after the swearing-in of the new Government, the fate of the…
On the eve of the Independence Day of the Republic of Kazakhstan, on December 13,…
Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…