Lukoil
Economy

Russian investment in Lithuania ‘drops dramatically’

The total amount of Russian investment in Lithuania is now four times below the level it was a decade ago, dropping to €500 million last year, reports business daily Verslo Žinios. […]

ESO logo appeared in New York's Times Square
Economy

ESO starts trading shares on Nasdaq Vilnius

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. […]

No Picture
Energy

Stockholm arbitration court completes oral hearing in Lithuania’s dispute with Gazprom

A Stockholm arbitration tribunal’s oral hearing for Lithuania’s suit against Russia‘s gas supplier Gazprom was completed on Thursday after the parties to the dispute made their closing statements. […]

Energy

EU court advocate general’s opinion in Gazprom case is unfavorable to Lithuania

Lithuania’s court should recognize the Stockholm arbitration tribunal’s decision regarding Gazprom‘s gas price for Lithuania, according to the advocate general at the European Court of Justice (ECJ). […]