Druskininkai
Energy

Town faces trebling of gas prices under Gazprom deal

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. […]

Dalia Grybauskaitė
European Union

Grybauskaitė to discuss energy, border protection and UK’s reforms with EU council

On Thursday, 17 December, Lithuanian President Dalia Grybauskaitė will travel to Brussels to attend a European Council meeting and discuss additional measures to manage the migration crisis, including the setting up of a European Border and Coast Guard. European leaders will also exchange views on how to strengthen the EU’s energy union and will address EU reforms proposed by the United Kingdom, the presidency said. […]

Kalle Palling
Opinion

Opinion: Balticconnector will help neutralise pressure of Russian gas

In October, Estonian and Finnish gas companies, with the support of the national governments, jointly applied to the European Commission for financing of the construction of Balticconnector – the transmission pipeline network that would connect the gas networks of the two countries. Reaching an agreement and submitting the application marks a very important intermediary stage, writes the Chairman of the European Union Affairs Committee of the Estonian parliament Kalle Palling (Reform Party). […]

No Picture
Energy

Lithuania’s Supreme Court upholds Stockholm Arbitration ruling favourable to Gazprom

The Supreme Court of Lithuania ruled on Friday to uphold a verdict passed by Stockholm Arbitration court which bound Lithuania not to adjudicate in a dispute with Gazprom. […]

Rokas Masiulis
Energy

Energy minister expects Stockholm court to side with Lithuania in its dispute with Gazprom

Lithuanian energy minister believes that Stockholm arbitration court, which on Wednesday started hearing Lithuania’s suit against Russia‘s gas supplier Gazprom in which the government seeks more than a billion euros in compensation for overcharging of gas supplies, will rule in Lithuania’s favour. […]

Vladimir Chizhov
European Union

Russian ambassador says EU’s case against Gazprom is political and driven by Lithuania

Russian ambassador to the European Union has accused Lithuania of being the sole force behind the European Commission‘s investigation into possible market abuses by Gazprom. He also says the case against the Russian state-owned gas company is political. […]