LNG terminal

Economy

Will Lithuania survive without EU structural funds?

May 12, 2015 www.lrt.lt 0

This is the last financial period that Lithuania is entitled to billions of euros in support from the European Union‘s structural funds. After 2020, the cash flow from the EU coffers will decrease significantly and Lithuania will have to learn to do without the support that currently makes a sizable contribution to its economy. Some economists say that unless the country uses the current funding right, economic growth after 2020 might all but stop. Others are more optimistic, insisting that Lithuania’s economy is stable enough to sustain growth even without EU injections. […]

Klaipėda LNG terminal
Energy

Third commercial LNG shipment on its way to Lithuania

April 27, 2015 BNS 0

The third commercial shipment of liquefied natural gas (LNG) will be delivered to the Lithuanian LNG terminal, the first such facility in the Baltic countries, this week. […]

D. Grybauskaitė
Energy

Energy Union will strengthen Lithuania’s energy security, President Grybauskaitė says

March 20, 2015 Lithuania Tribune 0

EU leaders discussed the European Commission’s proposal for building an energy union, which aims to strengthen EU policies in five key areas – ensure transparent and secure energy supplies, complete the EU internal energy market, increase energy efficiency, promote innovations and pursue efforts for more renewable energies. […]

No Picture
Energy

Talks with Gazprom not as important as before, Lithuanian energy minister says

February 23, 2015 BNS 0

The situation in Lithuania has radically changed with the launch the Klaipėda liquefied natural gas (LNG) terminal and negotiations with Russia’s gas giant Gazprom on a new gas supply contract are no longer as important for the country as they were in the past, Energy Minister Rokas Masiulis says. […]

No Picture
Opinion

Opinion: Is “Independence”, Lithuania’s national pride, safe or an easy target?

February 4, 2015 Linas Jegelevicius 0

The Lithuanian authorities have just blurted out a major state secret: the round-the-clock surveillance of “Independence”, a floating liquefied natural gas storage and regasification unit in the seaport of Klaipėda, a guarantor of the country’s energy security and national pride, might be insufficient and, disturbingly, flawed. […]