Klaipėdos Nafta AB, an operator of the Klaipėda Oil Terminal, has signed an agreement under which the Lithuanian company will help to build a liquefied natural gas (LNG) terminal in Colombia. This is the very first this kind of agreement in the Lithuanian energy sector. […]
Lithuanian Ambassador Žygimantas Pavilionis used a farewell speech at Energy Allies, one of the US energy associations, to review the long struggle of Lithuania to gain energy independence. The ambassador who is returning soon to Lithuania after five years of diplomatic service in Washington, DC, evaluated current energy policy trends and their impact on global politics in front of an audience of company representatives, energy lobbyists, diplomats, politicians and Congress cabinet staff. He urged for more US energy exports to re-balance the current geo-political situation. […]
Lithuanian Prime Minister Algirdas Butkevičius has reiterated his call on Poland to resolve the issue of funding for the Gas Interconnection Poland-Lithuania (GIPL) project as quickly as possible. […]
The Topaz Installer cable laying vessel has finished her work. In just a year and two months, with short interruptions, she laid 400 kilometres of NordBalt cable onto the bottom of the Baltic Sea. 90 percent of the link construction works have already been completed, reports energy company Litgrid. […]
On Friday, 5 June, Minister of Energy of Lithuania Rokas Masiulis met with Director General of Nord Pool Spot power market Mikael Lundin to discuss the development of electricity links with Sweden and Poland. […]
On 4 June, Lithuania’s National Control Commission for Prices and Energy (VKEKK) adopted a decision to fine LESTO, state-owned electricity company, which will have to pay EUR 300,000 for the violations detected in the act of scheduled inspection. The company is also ordered to correct the regulated cost statements for the period 2011-2013, LESTO reports. […]
On May 22, 2015, at the residence of the Ambassador of Japan Kazuko Shiraishi, Mr. Rimantas Vaitkus, former director of Visaginas Nuclear Power Plant, was conferred with the Order of the Rising Sun, Gold Rays with Neck Ribbon for his contribution to promotion of mutual understanding, and economic and technical exchanges between Japan and Lithuania. […]
Since the establishment of the European Coal and Steel Community in 1952, energy policy has been at the centre of European legislation. According to the paper issued by the Commission in 1995, EU energy policy should be based on three pillars: sustainability, competitiveness and security of supply. […]
Speaking at the annual ‘Traditional and Renewable Energy Forum’ on 13 May in Vilnius, Lithuania, event organizer and Chairman of the Estonian Chamber of Commerce, Robert Juodka, told the Lithuania Tribune he believes the Lithuania is now able to support its own energy needs. […]
Lithuanian courts can decide whether or not to recognize a Stockholm arbitration award in a dispute between the Lithuanian Energy Ministry and Russia‘s gas giant Gazprom, the European Court of Justice (ECJ) ruled on Wednesday. […]
Rolands Irklis, Board Member of the Public Utilities Commission of Latvia, who will be speaking at the Traditional and Renewable Energy Forum in Vilnius next week, says that it would be better for Baltic States to agree on common liquefied natural gas (LNG) terminal project and apply for EU funds to develop it. […]
Lithuania’s state controlled energy company group Lietuvos Energija decided to merge its two natural gas supply daughter companies: Lietuvos Dujų Tiekimas and LITGAS. Such move will create one powerful gas supply company in Lithuania which will seek to expand its activities in the Baltic region, Lietuvos Energija UAB reports. […]
Italy’s railway, lighting and other infrastructure development and maintenance services provider Gemmo will not upgrade street lighting networks in the Lithuanian capital as it has failed to find sources of financing, Vilnius Mayor Remigijus Šimašius has said. […]
Russian ambassador to the European Union has accused Lithuania of being the sole force behind the European Commission‘s investigation into possible market abuses by Gazprom. He also says the case against the Russian state-owned gas company is political. […]
The third commercial shipment of liquefied natural gas (LNG) will be delivered to the Lithuanian LNG terminal, the first such facility in the Baltic countries, this week. […]
European Commission officials have checked progress in decommissioning of Lithuania’s shut-down Ignalina Nuclear Power Plant (INPP). […]
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