Lithuania’s liquefied natural gas (LNG) terminal is a strong signal that Russia’s stranglehold on the Baltic countries and their energy needs can be weakened, according to the New York Times. […]
A price cut that Lietuvos Dujos (Lithuanian Gas) obtained from Russia’s gas giant Gazprom earlier this year has more than covered the Klaipėda liquefied natural gas terminal’s construction costs for consumers, Energy Minister Rokas Masiulis said on Monday. […]
The Russian president has scored a victory in Ukraine and against the West. Vladimir Putin has got more than he hoped for, and yet there’s still a lot more that he can win. The game has now become long-term and one in which the most important thing will be strategic patience. And it’s not clear if Russia has the upper here. […]
Russia‘s Energy Minister Alexander Novak has told a German newspaper that European countries cannot re-export Russian gas to Ukraine due to contract reasons, and hinted those that do could face gas cuts, Reuters reports. […]
Stockholm arbitration court will hear the Lithuanian government’s multi-billion-litas suit against Russia’s gas supplier Gazprom over unfair gas pricing next summer, Prime Minister Algirdas Butkevičius said on Thursday. […]
The end of summer will elicit concerns among many EU states regarding the stability of the Russian gas supply during the cold winter months as tensions in Ukraine persist. Yet, one unexpected set of states – Lithuania, Latvia and Estonia – will greet the winter with more energy security than ever. […]
I have been dealing with European security for more than thirty years, as an activist during the Cold War, as a journalist, and at think-tanks1. […]
Russian intervention in Ukraine has refocused the attention on the traditional military and security challenges, but the factors that made it possible for today’s Russian attempts to revise the European security architecture should not be forgotten. Primarily, this was the result of the processes in the energy sector that go forward only because of reasoned calls of a part of intellectuals for Europe to stop funding of Vladimir Putin’s regime. […]
Last week, Lithuania signed a historic contract of liquefied natural gas (LNG) supply with the Norwegian company Statoil. Even if the price of gas set by Statoil will be somewhat higher than the one Lithuania pays now, it is important that, for the first time in history, the country has an alternative to Russian gas, says Romas Švedas, former deputy minister of energy and lecturer at the International Relations and Political Science Institute of Vilnius University (VU TSPMI). […]
There is a long-held view that the Russian gas supply to Lithuania is unlikely to be cut-off because Lithuania serves as a gas transit state to the Russian territory of Kaliningrad. In other words, the same gas pipeline feeding Lithuania, also supplies the Russian enclave. According to this argument, Moscow would be hesitant to turn off the gas supply to Lithuania because it would result in an automatic cut in the gas supply to Kaliningrad. […]
A gas supply contract Lithuania has recently signed with Norwegian company Statoil will ensure secure gas supplies and will no longer allow Russian gas giant Gazprom to dictate “political prices”, Lithuanian President Dalia Grybauskaitė says. […]
As the crisis in Ukraine is escalating with the prospect of Russian military intervention, there is every reason to believe that Vladimir Putin will use other weapons at his disposal. Thus European nations are increasingly – and justifiably – worried about the impending winter months when Russia could ratchet up the pressure on Europe, as it has done in the past, by imposing another gas halt with the consequent loss of life and negative economic impacts. […]
Lithuania’s Minister of Energy Jaroslav Neverovič sees no reason for Russia, who has become subject to sanctions imposed by Western states, to take measures against Lithuania such as a gas embargo. […]
The sanctions of the West against Russia are followed by discussions about what effect they could have on further actions of Russia towards Ukraine. One side stresses that Putin and his closest environment understand only force, therefore the increasing sanctions are the best measure of scaring Russia from further aggression in Ukraine. […]
Vilnius Regional Administrative Court (VAAT) will hear an appeal of the Russian gas concern Gazprom regarding the LTL 123 million (EUR 35.6 million) fine imposed by the Competition Council as a result of violations of concentration clause. […]
The Lithuanian Government will aim at negotiating a more favourable natural gas price for Achema: a negotiating group will include the issue of Achema in negotiations with Gazprom over the price for natural gas imported from 2016, says Prime Minister Algirdas Butkevičius. […]
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