Energy
Polish-Lithuanian gas interconnection funding deal to be signed in Brussels
Lithuania, Poland and the European Commission are signing a deal on Thursday over the financing of the GIPL gas pipeline between Lithuania and Poland. The interconnection is said to be an important project in furthering the EU’s energy union and the Baltic aspiration towards energy independence from Russia. […]
NordBalt to provide more energy security for 6m people in Baltics
Two months remain until the completion of the biggest joint Swedish and Lithuanian project NordBalt. In December the electricity produced in Scandinavia will be transmitted directly to Lithuania for the first time in history. King Carl XVI Gustaf and Queen Silvia of Sweden along with the President of Lithuania Dalia Grybauskaitė evaluated the NordBalt implementation progress while visiting the construction site of the NordBalt high voltage direct current (HVDC) converter station in Klaipėda. […]
Lithuanian PM: Russia demanding damages from Baltics for leaving BRELL only ‘interpretation’
Lithuania is moving from the post-Soviet to European electricity transmission system and Prime Minister Algirdas Butkevičius says claims that Russia and Belarus will incur damages as a result are nothing but “interpretations”. The prime minister says Lithuania is not considering paying compensations to Russia and Belarus under the so-called BRELL treaty. […]
Lithuania might have to pay billions for quitting Soviet energy system
As Lithuania is approaching its goal of separating from the electricity network extending across the former Soviet Union and fully integrating itself into the energy system of Western Europe, Moscow might claim multi-billion-euro damages that Vilnius could be liable to pay based on a treaty signed 14 years ago. […]
Lithuanian energy companies Lesto and Lietuvos Dujos to be merged
Lithuanian electricity distribution network operator Lesto and Lithuanian gas distribution network operator Lietuvos dujos will be reorganised. […]
Lithuanian energy minister discusses energy import from USA
Minister of Energy of Lithuania, Rokas Masiulis, is making a visit to the United States, where on Wednesday he met with Lisa Murkowski, Chairwoman of the US Senate’s Energy and Natural Resources Committee. The meeting addressed export opportunities of energy resources from the US to Europe and Lithuania. […]
Lithuania may put off shale gas exploration tender again
Lithuanian Environment Minister Kęstutis Trečiokas is sceptical about the prospects for a new shale gas exploration tender and does not rule out that the government might postpone the launch of the procedure again. […]
EC vice-president: Lithuania may expect financing for its energy projects from Juncker Plan
Lithuania may expect financing for its energy projects from the 315-billion-euro European Fund for Strategic Investments (EFSI, the so-called Juncker Plan), Jyrki Katainen, Vice-President of the European Commission, has said in Vilnius. […]
Energy minister: Lithuania’s N-plant project could be launched within three months
Lithuania’s stalled project on the construction of a new nuclear power plant in Visaginas, in the eastern part of the country, is at the most advanced stage, compared to similar projects in Europe, Lithuania’s Energy Minister has said, adding that the construction of the facility could be launched within three months if the Baltic countries agreed to do that. […]
Energy minister: Poland one of Lithuania’s key partners in energy
On 9 September, Lithuania’s Minister of Energy Rokas Masiulis in Poland made a speech on energy security at the 25th Economic Forum in Krynica, and he is taking part in meetings with representatives from Polish government and energy companies. […]
Lithuania could start talks on gas imports from Israel next year, PM says
With Israel set to launch massive liquefied natural gas production in 2016, Lithuania could begin talks on gas imports “at specialists’ level” as soon as next year, Prime Minister Algirdas Butkevičius said. […]
Lithuania’s energy minister going to Poland to discuss GIPL
Lithuania’s Energy Minister Rokas Masiulis is going on a visit to Poland to discuss ways to speed up the implementation of GIPL, the Gas Interconnection Poland-Lithuania project, and other energy cooperation issues. […]
Klaipėdos Nafta looks to secure EUR 300 million loan
Klaipėdos Nafta (Klaipėda Oil), Lithuania’s state-run company managing oil and liquefied natural gas (LNG) terminals, has issued a call for tenders to secure a loan of up to EUR 300 million. The money would be partly used to pay for the rent of the LNG storage vessel. […]
Estonia imported fourth of its gas from Lithuania
Elering reported that in July this year, gas traders imported 4.4 million cubic metres of natural gas from Lithuania, according to Aripaev Online. […]
Water security zone marked out around Klaipėda LNG terminal
Energy company Klaipėdos Nafta, which manages Liuthuania’s Liquefied Natural Gas (LNG) terminal, has installed buoys in the Curonian Lagoon near floating storage and regasification unit (FSRU) Independence. The buoys mark a 125-metre water security zone around FSRU Independence. […]
