Norway

  • CORPORATE
  • Opinion

Lithuania’s LNG terminal: The impossible became possible?

Lithuania's LNG terminal in Klaipėda, launched in late 2014, has been a symbol of its aspiration towards energy independence, although…

8 years ago
  • Defence

Lithuania wants to buy defence systems from Norwegian government

Lithuania would buy the NASAMS medium-range missile defence systems from the Norwegian government, not directly from the manufacturer Kongsberg, Lithuania's…

9 years ago
  • Defence
  • Opinion

Is Sweden and Finland joining NATO inevitable?

A recent study commissioned by Finland has outlined the pros and cons of the country joining NATO. [...]

9 years ago
  • Economy

Nordic bubble ‘a hazard’ to Lithuanian banking

While banks in Lithuania are resilient enough to possible shocks in the financial markets, a possible burst of the real…

9 years ago
  • CORPORATE

Lithuania wants to buy LNG ship from Norway to cut prices

Lithuania’s Energy Minister Rokas Masiulis has said that Lithuania is still looking to purchase the Norwegian-owned LNG terminal moored in…

9 years ago
  • Uncategorized

Norway ramps up production to compete with Russian gas

Norway will allow increased production from its biggest natural gas field as Europe’s second-largest supplier of the fuel prepares for…

9 years ago
  • CORPORATE

Remittances to Lithuania drop by 22% but still huge portion of national income

Lithuania remains among the countries with the largest share of national income coming from remittances even though the level of…

9 years ago
  • CORPORATE

Orkla to move production from Lithuania to Latvia, Sweden

Lithuanian company Suslavičius-Felix, which makes a range of sauces and ketchup and is owned by Norway’s Orkla Group, is moving…

9 years ago
  • Economy

Norway’s oil fund doubles investment in Lithuanian government bonds

Norway’s state oil fund more than doubled its investment in Lithuanian government bonds last year, increasing its holdings from €76…

9 years ago
  • CORPORATE

Norway Hague Convention approval to allow children to return to Lithuania for care

Norway has ratified the Hague Convention on the protection of children and on cooperation on international adoptions, and this will…

9 years ago
  • CORPORATE
  • Opinion

Conquering Scandinavia presents new challenges for exporters

Lithuanian entrepreneurs have been turning away from Russia as their primary market for exports and setting their sight on the…

9 years ago
  • CORPORATE

Klaipėda University sailboat takes on 5,000 mile journey

Klaipėda University‘s training sailboat Brabander is preparing for its longest journey yet – a 5,000-mile-long odyssey along the coast of…

9 years ago
  • CORPORATE
  • Opinion

How are low oil prices impacting Lithuania’s economy?

With falling oil prices, oil has started becoming a burden on nations that produce it but oil importers like Lithuania…

9 years ago
  • CORPORATE

Who will overtake Russia as Lithuania’s biggest gas supplier in 2016?

Lithuania will import more gas from Norway than from Russia in 2016 for the first time after closing a number…

9 years ago
  • Energy

Lithuania’s state-owned gas supply company to buy gas from Statoil

Lithuania’s state-owned gas supply company Lietuvos Dujų Tiekimas (Lithuanian Gas Supply, or LDT), which has until now purchased gas only…

9 years ago
  • CORPORATE

How would Lithuanians react to idea of abandoning hard cash?

Norway’s biggest bank DNB has called for the country to completely abandon hard cash, but how would Lithuanians react to…

9 years ago
  • Energy

Gazprom will have to be more flexible to sell gas in Lithuania, minister says

Russia's gas behemoth Gazprom will have to be more flexible in order to sell gas in Lithuania, Energy Minister Rokas…

9 years ago
  • CORPORATE

Will consumers feel lower gas prices?

Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas…

9 years ago
  • Culture

Lithuania gets spot in 2nd Eurovision semi-final

Lithuania will perform in the second semi-final of the Eurovision Song Contest 2016 on May 12, according to the results…

9 years ago
  • Energy
  • Politics

Gas prices to be ‘slightly lower’ under new LNG deal with Statoil

Litgas, the gas trading arm of the state-owned energy group Lietuvos Energija, will sign a renewed liquefied natural gas (LNG)…

9 years ago