Lithuania’s authorities are planning to launch a new shale gas exploration tender early next year after parliament last week approved new tax rates for unconventional hydrocarbons, Deputy Environment Minister Daiva Matonienė said on Tuesday. […]
European Commission Vice-President of the Digital Single Market Andrus Ansip said on Friday at a conference in Tallinn that Estonia and Finland have to move forward fast with the LNG terminal project, because there is prevailing investment drought in Europe and no one is going to wait until Estonia and Finland finish deliberating different solutions, Aripaev Online reports. […]
Lithuanian Prime Minister Algirdas Butkevičius told his Baltic counterparts in Tallinn on Friday that he would “step up” negotiations with the Japanese corporation Hitachi and partners in Latvia and Estonia on the construction of a nuclear power plant in Visaginas. […]
Lithuania’s court should recognize the Stockholm arbitration tribunal’s decision regarding Gazprom‘s gas price for Lithuania, according to the advocate general at the European Court of Justice (ECJ). […]
Lithuania is already in a position to supply gas to Latvia and Estonia, however, Latvia’s stance, which remains unclear, raises concerns about free supply of gas to the Baltic countries, energy minister has said, adding that Latvia has assured that it will guarantee the implementation of the European Union’s (EU) Third Energy Package. […]
Lithuania’s 500-million-litas (EUR 145m) liquefied natural gas (LNG) facility, which is the country’s first alternative to Russian gas supplies and which the government believes could become a regional terminal, is officially launching operations on Wednesday, but Latvia and Estonia will have to wait until they are able to make use of its full potential. […]
Lithuania’s liquefied natural gas (LNG) terminal in Klaiėeda, which took a year and a half to build and cost around 500 million litas (EUR 145m), is officially launching operations on Wednesday. […]
The Russian-capital companies working in multi-billion-litas projects on the decommissioning of Ignalina Nuclear Power Plant (INPP) are not doing anything illegal, but are kept under the watch of Lithuanian institutions, Lithuania’s Prime Minister has said in response to reports that a Russian company intends to buy an INPP decommissioning contractor. […]
A discussion between the three Baltic countries on going forward with a new nuclear power plant project in Visaginas, Lithuania, will soon move to a political level, Lithuania’s parliamentary speaker has said. […]
Klaipėdos Nafta (Klaipėda Oil), the developer of Lithuania’s liquefied natural gas (LNG) terminal project, has signed a 20-year, 34.754-million-euro loan agreement with the Nordic Investment Bank (NIB). […]
Just prior to his mid-October 2014 visit to the United States, Lithuanian Prime Minister Algirdas Butkevičius revealed that his talks with the US government would devote special attention to energy issues, including trying to invite US companies to take part in a new shale gas exploration tender to be announced in the near future. […]
In 2015 natural gas price in Lithuania will increased by LTL 102 (EUR 29.5) per thousand cubic metres in order to cover the cost of building Klaipėda’s Liquefied Natural Gas (LNG) terminal. […]
With the launch of “Independence”, Lithuania’s long-and-hard-fought striving for energy diversity and independence has definitely seen a big boost. But behind the jubilant scene stands the avuncular European Union that has long been encouraging the member states to seek brave solutions in tackling energy security issues. Now time has come for Brussels to rejoice, too – EU energy policies are playing out well in Lithuania. […]
In October the average electricity price in Nord Pool Spot power market Lithuania trading zone was LTL 0.186 (EUR 0.053) per kilowatt hour (kWh), 6.4 percent lower than in September. According to independent electricity supplier Energijos Tiekimas, year-on-year electricity price was 16 percent lower. […]
Lithuania would only build an underground natural gas storage facility in Syderiai, north-west Lithuania, if it obtained the European Union’s (EU) support for the 300-million-euro project and if it failed to agree with Latvia on access to the Incukalns storage facility, energy minister has said. […]
Lithuania’s liquefied natural gas (LNG) terminal in Klaipėda may supply gas not just to the Baltic countries but, if necessary, to other countries as well, Prime Minister Algirdas Butkevičius has said at the 10th Lithuania-Belarus economic forum in Mogilev. […]
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