Energy
Lithuania very close to 2020 renewable energy targets
Lithuania is less than 0.5 percentage points from its 2020 renewable energy consumption targets, Eurostat, the statistical office of the European Union, reports. […]
Energy
Energy
Lithuania may become first country to receive LNG from United States
Lithuania may become the first country to receive liquefied natural gas (LNG) from the United States and, considering the agreements being signed, this might happen early next year, Foreign Minister Linas Linkevičius has said. […]
European Union
Lithuanian energy minister: Vision of Energy Union meets our interests
Last week, Lithuanian Minister of Energy Rokas Masiulis participated in the EU Energy Council in Brussels, dedicated to the discussion of the major goals to be pursued by the EU through the establishment of the Energy Union, the ministry reports. […]
Energy
Lithuania’s state-owned electricity and gas providers to merge
State-owned energy company group Lietuvos Energija (Lithuanian Energy) intends to merge electricity and gas distribution network operators, AB LESTO and AB Lietuvos Dujos (Lithuanian Gas). It is said that the synergy of the two companies will enable to increase the group’s efficiency, reduce operating costs and create additional benefits to electricity and natural gas consumers. […]
Energy
US values Lithuania’s strive for energy security, energy minister says
Lithuania’s Energy Minister Rokas Masiulis, who returned from his visit to the United States, says the Liquefied Natural Gas (LNG) Terminal as well as Lithuania’s strong stance on energy security has opened many doors. […]
Energy
Shale gas is not very topical for Lithuania now, environment minister says
Lithuania’s Environment Minister Kęstutis Trečiokas says the country should not speed up the international shale gas exploration tender. […]
Energy
Lithuania’s electricity consumption up 2 percent in 2014
At 9.84 billion kilowatt hours (kWh), or 2.1 percent more than in 2013, electricity consumption in 2014 has been the highest since 2009. […]
Energy
American LNG exports would keep Russia from “blackmailing” Lithuania
US liquefied natural gas (LNG) exports to Lithuania would prevent Russia from using “energy blackmail” against the country, Lithuanian Energy Minister Rokas Masiulis, who is meeting with US energy companies this week, said, noting that energy resources are now as important as arms exports. […]
European Union
European Commission approves Energy Union plan
The EU Commission has approved proposals to create a single European energy market. The Energy Union plan would give the Commission more influence in the negotiation of gas supply contracts. […]
Energy
Minister of Energy Masiulis meets US Secretary of Energy Dr. Moniz
On Tuesday, the Lithuanian Minister of Energy, Rokas Masiulis, met with his American counterpart, Dr. Ernest Moniz, the Secretary of Energy. The meeting at the Department of Energy in Washington, DC, focused on energy security and discussing potential exports of US liquefied natural gas (LNG) to Lithuania. […]
Energy
Talks with Gazprom not as important as before, Lithuanian energy minister says
The situation in Lithuania has radically changed with the launch the Klaipėda liquefied natural gas (LNG) terminal and negotiations with Russia’s gas giant Gazprom on a new gas supply contract are no longer as important for the country as they were in the past, Energy Minister Rokas Masiulis says. […]
Energy
Lithuanian energy minister leaves for US to discuss LNG import possibilities
Lithuanian Energy Minister Rokas Masiulis on Sunday is leaving for a week-long visit to the United States aimed, among other things, at discussing possibilities for importing liquefied natural gas (LNG). […]
Energy
Decommissioning of Ignalina NPP enters crucial stage
In 2015, the decommissioning process of Ignalina Nuclear Power Plant (NPP) will enter its crucial stage. The main disassembly work is scheduled to be completed by 2028. […]
Energy
LitPol Link to be delivered on schedule
Construction of the the high voltage power interconnection LitPol Link between Poland and Lithuania is progressing according to the planned timeline. […]
Energy
Energy Minister: Phase-out of nuclear power in Sweden would benefit Lithuania’s N-plant project
Energy Minister Rokas Masiulis believes that Sweden‘s decision to phase out nuclear power would act as a stimulus for Lithuania’s new nuclear power project, which has stalled with officials saying that they are consulting with Latvia and Estonia, the potential regional partners, and with Japan’s Hitachi. […]
Energy
Lithuanian government proposes to merge natural gas exchanges
At the meeting of the Government it has been proposed to create a single natural gas market. A working group initiated by the Ministry of Energy has proposed to merge energy resource exchange UAB Baltpool and natural gas exchange UAB GET Baltic. […]
Energy
Nuclear discussions with Estonia resumed, Lithuanian PM says
During his visit of Klaipėda Liquefied Natural Gas Terminal on Friday, Prime Minister Algirdas Butkevičius told the media that discussions with Estonia over Visaginas Nuclear Power Plant (VAE) project have been renewed. […]
European Union
European Commission launches work on Energy Union
The European Commission on Wednesday launched work on the Energy Union, a fundamental step towards the completion of single energy market and reforming how Europe produces, transports and consumes energy, according to a press release. […]
Energy
Energy minister slams Vilnius heat provider for inflating heating costs
Lithuanian Energy Minister Rokas Masiulis says he cannot tolerate the situation when municipal heat producer, Vilniaus Energija (Vilnius Energy) has been deliberately overpaying for gas for the second month in a row, thus increasing heating bills for consumers. Due to such actions of heat providers, Vilnius residents and institutions lose around a million euros per month. […]
Energy
Lithuanian energy minister admits decisions on Visaginas NPP too slow
Lithuanian Energy Minister Rokas Masiulis has admitted that talks with Latvia and Estonia on the multi-billion-euro project for building a new nuclear power plant in Visaginas are proceeding too slowly and called for patience, saying that it will take more than a year until a final decision on the project is made. […]