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. […]
Lithuania’s new liquefied natural gas (LNG) terminal in Klaipėda will be able to cover around 90 percent of the gas needs of Lithuania, Latvia and Estonia, Lithuanian President Dalia Grybauskaitė said on Monday. […]
The Norwegian government does not intend to influence decisions by the state-controlled energy group Statoil on the price of liquefied natural gas (LNG) sold to Lithuania even if Russia’s Gazprom further cut its gas price to make imports through the Klaipėda LNG terminal unprofitable, Norway‘s minister for EU affairs said on Monday. […]
As “The Independence“, floating liquefied natural gas (LNG) terminal, sails into the port of Klaipėda on Monday, Lithuania is showered with international words of congratulation on a major achievement. […]
The floating storage and regasification unit (FSRU), built for Lithuania’s liquefied natural gas (LNG) terminal, sailed into the port of Klaipėda on Monday morning. At a welcoming ceremony in the afternoon, Lithuanian President Dalia Grybauskaitė and Prime Minister Algirdas Butkevičius said this was a groundbreaking achievement in the country’s aspiration for energy independence. […]
Lithuania is set to open a floating liquid natural gas (LNG) import terminal in Klaipėda on 27 October. The LNG terminal, once fully operational, will play a significant role in reducing Lithuania and other Baltic states’ energy dependence on Russia. This will weaken Russia’s use of energy as a political tool in the Baltics, and in turn offer some limited protection for the Baltic countries in the standoff between Moscow and the West. […]
The hybrid war, tested in Ukraine, was a big surprise for some time even for defence experts. Now, it seems that this lesson has been learned – Lithuania is one of the first countries in NATO which started to form a rapid reaction force aimed at responding to the new military threats. […]
Minister of Energy Rokas Masiulis participated at the European Gas Summit organised by the British newspaper Financial Times and stressed that Europe was heavily dependent on energy imports. […]
Lithuania has proven that, despite being a small country, it can build a liquefied natural gas (LNG) terminal and to ensure its energy independence without anyone’s help, the president has said. […]
On Wednesday, Lithuanian Prime Minister Algirdas Butkevičius welcomed Dag Malmer Halvorsen, ambassador of the Kingdom of Norway, in Vilnius. […]
Lithuanian President Dalia Grybauskaitė met with the heads of 18 major Norwegian business companies and investment funds to discuss the investment climate and business opportunities in Lithuania, the presidential press service said. […]
The port of Klaipėda is ready to receive the floating storage and regasification unit (FSRU) of the Lithuanian liquefied natural gas (LNG) terminal, even if it docked today, says Prime Minister Algirdas Butkevičius. […]
While Sweden‘s army is looking for what it suspects is a Russian submarine spotted in the country’s waters near Stockholm – a situation reminiscent of Cold War incidents – Lithuania must monitor the Baltic Sea, above and underwater, as it awaits the arrival of its LNG Terminal’s storage unit. […]
Lithuania has stepped up vigilance as it is awaiting the arrival of the LNG ship-terminal, Lithuanian Minister of National Defence Juozas Olekas said, adding that every incident in the Baltic Sea must be taken very seriously. […]
Minister of Energy Rokas Masiulis has said that the incident in the Swedish Baltic Sea waters, where a suspected Russian submarine might have been spotted over the weekend, should not hamper Lithuania’s Liquefied Natural Gas terminal project. […]
The European Commission recommends Estonia, Latvia, Lithuania and Finland to start preparing for an emergency situation immediately since if Russian gas taps were turned off, Estonia, for example, would run out of gas in 4-5 days, Eesti Paevaleht writes. […]
If gas supplies from Russia to Lithuania, Latvia and Estonia were to be disrupted, the soon-to-be-commissioned liquefied natural gas (LNG) facility in Klaipėda would ensure the supply for customers in all three Baltic countries, the European Commission (EC) has said. […]
Energy Minister Rokas Masiulis says that the price of gas supplied through the Liquefied Natural Gas (LNG) terminal will be determined by the international market as it will be calculated based on the United Kingdom‘s National Balancing Point (UK NBP) gas prices. […]
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