PM Butkevičius: American companies show interest in Lithuanian shale gas

Algirdas Butkevičius
DELFI / Šarūnas Mažeika

“This week I received information that after our visit to the US, there is interest again in the soon to be held tender in Lithuania as well as some other matters,” the prime minister told the national radio on Tuesday.

“Other matters”, according to the prime minister, include the export of liquefied natural gas from the US. So far only talks on this question have taken place and further details have not been revealed.

As reported, the prime minister looked for investors during his visit to the US last October. He met with members of the association of shale gas extraction. The Seimas, parliament, has decided that shale gas exploration companies will be exempt from tax for extracted raw materials for three years and afterwards will pay a fixed rate of 15 percent.

You may like

Be the first to comment

Leave a Reply

Your email address will not be published.