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Energy
Stockholm arbitration court completes oral hearing in Lithuania’s dispute with Gazprom
A Stockholm arbitration tribunal’s oral hearing for Lithuania’s suit against Russia‘s gas supplier Gazprom was completed on Thursday after the parties to the dispute made their closing statements. […]
Energy
Lithuanian government considers options to cut LNG terminal’s costs
The Lithuanian government is considering several options to reduce the costs of maintenance of the Klaipėda liquefied natural gas (LNG) terminal, Prime Minister Algirdas Butkevičius said on Friday. […]
Energy
Energy minister expects Stockholm court to side with Lithuania in its dispute with Gazprom
Lithuanian energy minister believes that Stockholm arbitration court, which on Wednesday started hearing Lithuania’s suit against Russia‘s gas supplier Gazprom in which the government seeks more than a billion euros in compensation for overcharging of gas supplies, will rule in Lithuania’s favour. […]
Energy
Stockholm arbitration court starts hearing Lithuania’s dispute with Gazprom
A Stockholm arbitration court on Wednesday starts hearing Lithuania’s case against Russia’s gas supplier Gazprom in which the government seeks a compensation of more than a billion euros for overcharging for gas. […]
Energy
US welcomes Lithuania’s efforts to ensure energy security, Minister Masiulis says
Energy Minister Rokas Masiulis says that Sunday’s visit by John Boehner, the Speaker of the US House of Representatives, to the Klaipėda liquefied natural gas (LNG) terminal shows that Lithuania’s efforts to ensure energy security are recognized and valued. […]
Energy
Lithuania talks with Statoil to make LNG terminal more flexible, energy minister says
Energy Minister Rokas Masiulis has not denied that Lithuania is in talks with Norway‘s Statoil on a more flexible schedule of liquefied natural gas (LNG) imports, saying that various operating modes at Klaipėda LNG terminal and its possibilities are currently being tried out and that the ministry has asked companies related to the LNG facility to prepare for various possible scenarios. […]
Energy
Stockholm arbitration court to start hearing dispute between Lithuania and Gazprom next week
A Stockholm arbitration court will next week start hearing the Lithuanian government’s suit against Russia‘s gas supplier Gazprom over unfair gas prices. […]
Energy
Lithuanian company to help Colombia build LNG terminal
Klaipėdos Nafta AB, an operator of the Klaipėda Oil Terminal, has signed an agreement under which the Lithuanian company will help to build a liquefied natural gas (LNG) terminal in Colombia. This is the very first this kind of agreement in the Lithuanian energy sector. […]
Energy
Lithuanian energy minister says electricity links will bring positive changes
On Friday, 5 June, Minister of Energy of Lithuania Rokas Masiulis met with Director General of Nord Pool Spot power market Mikael Lundin to discuss the development of electricity links with Sweden and Poland. […]
Energy
Energy
Energy Minister: It’s up to Lithuania to decide where to buy gas
The situation in the Lithuanian gas market has changed materially in recent years and now it’s up to the country to decide where to buy gas, the country’s energy minister has said in comments about antitrust charges on Wednesday filed by the European Commission (EC) against the Russian gas concern Gazprom. […]
Energy
Prime Minister: Lithuania doesn’t consider building new nuclear plant without Baltic partners
Lithuania is not considering building a new nuclear power plant in Visaginas on its own, without Latvia and Estonia, Prime Minister Algirdas Butkevičius said on Wednesday. […]
Energy
Lithuanian energy minister says open to discussions on LNG terminal financing model
The current model for financing the operation of the Klaipėda liquefied natural gas (LNG) terminal can be changed if a better solution is offered, Energy Minister Rokas Masiulis said on Tuesday, commenting on a proposal from the Association of Heat Producers that all consumers contribute to the maintenance of the facility. […]
Energy
Lithuania’s top court says LNG facility law compliant with Constitution
Lithuania’s Law on the Liquefied Natural Gas (LNG) Terminal, as amended, complies with the Constitution, the Constitutional Court ruled on Friday. […]
Energy
Lithuania to negotiate on gas supplies with Russia only on commercial basis, energy minister says
Lithuania now has more possibilities to import natural gas than it had before and in the future it will hold gas supply negotiations with Russia only on a commercial basis, Energy Minister Rokas Masiulis said after meeting with Russia’s ambassador to Lithuania in Vilnius on Thursday. […]
Uncategorized
Lithuanian energy minister expects new N-plant talks to speed up after Estonia forms new government
Lithuanian Energy Minister Rokas Masiulis expects that talks with Latvia and Estonia on the project for building a new nuclear power plant in Visaginas will move ahead after Estonia forms a new government. […]
European Union
Lithuanian energy minister: Vision of Energy Union meets our interests
Last week, Lithuanian Minister of Energy Rokas Masiulis participated in the EU Energy Council in Brussels, dedicated to the discussion of the major goals to be pursued by the EU through the establishment of the Energy Union, the ministry reports. […]
Energy
US values Lithuania’s strive for energy security, energy minister says
Lithuania’s Energy Minister Rokas Masiulis, who returned from his visit to the United States, says the Liquefied Natural Gas (LNG) Terminal as well as Lithuania’s strong stance on energy security has opened many doors. […]
Energy
American LNG exports would keep Russia from “blackmailing” Lithuania
US liquefied natural gas (LNG) exports to Lithuania would prevent Russia from using “energy blackmail” against the country, Lithuanian Energy Minister Rokas Masiulis, who is meeting with US energy companies this week, said, noting that energy resources are now as important as arms exports. […]