Virginijus Sinkevičius

The reform which will reveal the real face of the new government

The ministerial cabinet is currently preparing a reform plan for state run enterprises. Experts are certain that it will face resistance from those used to and benefiting from the current situation. […]

No Picture

Baltic States aim to create single gas market

The Baltic States are considering creating a single gas market that would facilitate gas trading among the three countries and may include Finland. […]

"Arctic Aurora" LNG tanker

Litgas and Statoil sign revised gas supply contract

Lithuania’s gas trade company Litgas, which is part of the state-owned energy holding Lietuvos Energija (Lithuanian Energy), on Thursday signed a revised LNG supply contract with Norway’s Statoil. […]


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. […]