Gazprom
Energy

Vilnius court closes case on Gazprom’s access to anti-trust fine documents

A Vilnius court on Tuesday closed its hearing into a complaint filed by Gazprom over the Lithuanian competition watchdog’s decision not to grant it full access to documents regarding an anti-trust fine of almost 35.7 million euros it imposed on the Russian gas giant. […]

No Picture
Energy

Lithuanian government to consider ways to use 1.4bn it may win from Gazprom

Lithuania’s government is starting to discuss ways to spend approximately 1.4 billion euros, which it may receive as compensation from Gazprom if the Stockholm arbitration court sides with Lithuania in its dispute with the Russian gas giant. […]

Energy

Lithuanian president takes down Russian deputy PM in Davos: This is why our terminal is called Independence

Lithuanian President Dalia Grybauskaitė on Wednesday accused Russia‘s gas giant Gazprom of using gas for political pressure after Russian Deputy Prime Minister Arkady Dvorkovich said in a discussion in Davos that alternatives to Russian gas would be more expensive for Europe. […]

Dalius Misiūnas
Energy

Lithuania successfully coped with EU’s third energy package, experts say

Experts say that Lithuania has successfully coped with the implementation of the EU’s Third Energy Package, which demands for separating gas transmission, distribution and supply functions. They note that Russia’s Gazprom, a vehement opponent of the reform, sold its stakes in two Lithuanian gas companies at a lower price than some had expected and that gas prices in the country have fallen considerably. […]

Energy

Lithuania’s LNG terminal: Less dependence on Russian gas, but more dependence on fossil fuel?

This Monday, Lithuania congratulated itself on finishing a seminal project in its energy independence policy and welcomed the floating liquefied natural gas terminal in the Baltic port of Klaipėda, from where it will open a second gas import line, an alternative to Russia’s gas giant Gazprom that had monopolized the Lithuanian gas market. […]