AFP/Scanpix
On Thursday Grybauskaitė participated in the signing ceremony of the agreement on the funding of the Gas Interconnection Poland-Lithuania (GIPL) in Brussels. The president says the completion of the project will allow consumers to receive gas at the lowest price available.
“Competitive opportunities emerge, as well as a guarantee for our people that gas will always be sufficient and we will be able to choose from the cheapest price on the market,” Grybauskaitė told journalists in Brussels.
According to the president, economic relations with Poland were rarely influenced by political processes, yet the signing of the agreement was accelerated by the European Union‘s funding – the European Commission intends to allocate EUR 295 million for GIPL construction which will cost a total of EUR 558 million, another EUR 10 million will be granted for research.
700mm wide gas pipeline will connect Lithuania’s Jauniūnai and Poland’s Rembelszczyzna compressor stations. The pipeline will be 534km long, of which 357km will be laid in Poland and 177km in Lithuania. The construction work is planned to be completed in late 2020.
Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…
In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…
"We can shout very loudly, but it won't change the position of the American people,"…
From mocking messages flooding social networks to harsh criticism from political experts, the decision of…
Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…
According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…