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.
On March 31 morning, Minister of National Defence Dovilė Šakalienė announced that an M88 armoured…
I admit it: I’m not that type of person who follows domestic and international politics…
While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…
Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…
"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…
Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…
