No Picture
Uncategorized

Nord Stream expansion to do ‘great harm’ to Ukraine

The European Union does not need a new Nord Stream gas pipeline that Russia‘s gas behemoth Gazprom is planning to build, Lithuanian Foreign Minister Linas Linkevičius said, adding that the project will do great harm to Ukraine. […]

Statoil
Energy

Litgas and Statoil prepare joint venture to enter Baltic Sea small scale LNG market

Natural gas supply and trading company Litgas, part of Lithuania’s state owned energy holding Lietuvos Energija, and Norway‘s Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services, Litgas reports. […]

No Picture
Energy

Lithuania talks with Statoil to make LNG terminal more flexible, energy minister says

Energy Minister Rokas Masiulis has not denied that Lithuania is in talks with Norway‘s Statoil on a more flexible schedule of liquefied natural gas (LNG) imports, saying that various operating modes at Klaipėda LNG terminal and its possibilities are currently being tried out and that the ministry has asked companies related to the LNG facility to prepare for various possible scenarios. […]

No Picture
Energy

EU grants assistance to Poland-Lithuania gas interconnection

Lithuania’s natural gas transmission system operator, AB Amber Grid, and Poland‘s gas transmission system operator, GAZ-SYSTEM S.A., signed a tripartite agreement with the European Union‘s (EU) Innovation Network Executive Agency (INEA) on the financial assistance of the EU to the project Preparatory Works for the Poland-Lithuania Gas Interconnection up to building permission(s) obtainment. Under this agreement, the project was granted financial assistance of the EU of EUR 10.6 million under the Connecting Europe Facility (CEF), AB Amber Grid said in a statement. […]

Energy

Lietuvos Energija to merge its two gas supply companies

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. […]

LNG Terminal
Energy

Lithuania’s top court says LNG facility law compliant with Constitution

Lithuania’s Law on the Liquefied Natural Gas (LNG) Terminal, as amended, complies with the Constitution, the Constitutional Court ruled on Friday. […]