Minister of Energy Rokas Masiulis has yet to give a concrete answer about whether Lithuania needs a new nuclear power plant (NPP) in Visaginas. According to him, Lithuania is finding its feet regarding energy security, thus there is no need to rush with the decision. […]
The newly appointed Minister of Energy Rokas Masiulis says that he will decide on the directions of his policies after he better studies costs of major energy projects. […]
Lithuanian Minister of Foreign Affairs Linas Linkevičius, who is now part of the country’s delegation in the United States of America, spoke to Robert Siegel of the National Public Radio (NPR). He thanked Americans for taking the initiative to coordinate Western response to Russia‘s actions in Ukraine. […]
The Independence, floating storage and regasification unit (FSRU) built for Lithuania’s liquefied natural gas (LNG) terminal, underwent various types of tests on its way to Lithuania, therefore, the vessel, which left Korea in mid-May, will only reach Klaipėda late in October, a presidential aide has said. […]
Once Japan restarts its nuclear capabilities, it will reduce its reliance on LNG. As a result, global LNG prices should drop, benefiting European states that are eyeing LNG as an alternative to Russian gas. This is particularly crucial for such Eastern European states as Lithuania and Poland that have placed great hopes in their liquefied natural gas (LNG) terminals in Klaipėda and Świnoujście. […]
EU has rejected the proposal to finance the development of joint LNG terminal projects proposed by the Estonian company Alexela Energia and Finland‘s Gasum Oy, writes Eesti Päevaleht. […]
Prime Minister Algirdas Butkevičius says he has no information that the construction work on the liquefied natural gas (LNG) terminal might exceed the established timetable. […]
Rokas Masiulis, until recently CEO of Klaipėdos Nafta (Klaipėda Oil), the developer of Lithuania’s liquefied natural gas (LNG) terminal project, on Thursday took office as the country’s new energy minister after a swearing-in ceremony at the Seimas. […]
DELFI columnist Ramūnas Bogdanas talks to Rokas Masiulis who was appointed as Lithuania’s new energy minister this week. […]
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. […]
The liquefied natural gas (LNG) floating storage, which at the beginning of the year was solemnly named “The Independence”, and will start functioning this December, will be stationed alongside the quay on the island of Kiaulės Nugara (Pig’s Back). However, if necessary, it will be able to depart from the quay and transport gas, says Indra Milinienė, communications manager of Klaipėdos Nafta, the company implementing the LNG Terminal project. […]
Lithuanian Prime Minister Algirdas Butkevičius expects that the Klaipėda liquefied natural gas (LNG) terminal project will be completed on schedule and will ensure the country’s energy security, saying that builders are working on the construction site 24 hours a day. […]
The Independence, the floating storage and regasification unit (FSRU) built for Lithuania’s liquefied natural gas (LNG) terminal in Klaipėda, will be protected while on its way to Lithuania and should reach the terminal by November, says Prime Minister Algirdas Butkevičius, adding he cannot specify the precise date. […]
Lithuania’s new liquefied natural gas (LNG) terminal in Klaipėda will be completed on schedule in November, when a floating storage and regasification unit (FSRU) built for the facility is to come to the port, Prime Minister Algirdas Butkevičius said on Tuesday. […]
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. […]
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