CEO of Lietuvos Energija (Lithuanian Energy), Lithuania’s state-owned energy holding, says the company intends to take part in Gazprom’s natural gas auction for the Baltic countries this week, but the auction price will have to be comparable to those in Europe and lower than the one offered by Gazprom to companies early this year. […]
Lithuania’s gas trade company Litgas, which is part of the state-owned energy holding Lietuvos Energija (Lithuanian Energy), on Thursday signed a revised LNG supply contract with Norway’s Statoil. […]
Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway’s Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda. […]
The EU is seeking new powers to vet gas contracts between Russia and EU countries like Lithuania and the Baltic States before they are signed in an effort to curb the influence of Gazprom on European Union gas markets. […]
Vilniaus Energija, the Lithuanian energy company owned by France’s Veolia (formerly Dalkia), has failed to convince a court that it should be reimbursed €19 million it overpaid for Gazprom gas. […]
Lithuania’s gas company Litgas has concluded negotiations with Norway’s Statoil to review it’s five-year liquefied natural gas (LNG) supply contract, substantially cutting maintenance costs of Lithuania’s LNG terminal and the price for gas consumers, Prime Minister Algirdas Butkevičius says. […]
Lithuanian Prime Minister Algirdas Butkevičius says that an agreement of an agreement with the Norwegian gas company Statoil have already been agreed in order to review the price of liquefied natural gas (LNG) supplied via the LNG Terminal. The head of Government said that the agreement is expected to be signed soon. […]
Electricity supply and natural gas distribution company Energijos Skirstymo Operatorius (ESO), the new company that was formed by merging the state-owned companies Lesto and Lietuvos dujos, started trading its shares on the stock exchange of Nasdaq Vilnius on Monday. […]
Ludo Segers talks to the ambassador of the Netherlands in Lithuania about business ties, Dutch investment in the country and the Netherlands’s experience with gas that it could share with Lithuania. […]
Prime Minister Algirdas Butkevičius expects that Norway‘s gas company Statoil will lower the price Lithuania is paying for liquefied natural gas (LNG). After Litgas, Lithuania’s state-owned gas company, concludes negotiations with Statoil, consumers can expect price drops, he said on Monday. […]
Amber Grid, a Lithuanian gas transmission company, signed a 10-year contract with the Russian gas concern Gazprom for the transportation of gas from Belarus through Lithuania to Kaliningrad. According to the contract, the services will cost about €10-11 m. annually for 10.5 million cubic meters of gas a day. […]
2015 was an intense year full of changes in Lithuania’s energy sector. The Ministry of Energy compiled a list of the ten most important events that have affected the energy sector and consumers the most. […]
Amber Grid, the operator of Lithuania’s natural gas transmission system, and Gazprom signed a new long-term agreement on the transportation of natural gas to the Kaliningrad Region of the Russian Federation through the Republic of Lithuania, Amber Grid reports. […]
The cost of gas for residents and businesses in Druskininkai could treble in the next year if the spa town in south Lithuania cannot find an alternative to an extremely unfavourable gas supply deal with Gazprom. […]
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