As the presidential race in the United States picks up pace, political analyst Simonas Klimanskis looks at which of the front-runners for the Democratic and Republican parties’ nominations would pursue foreign policies that are in the best interests of the Baltic States and Eastern Europe. […]
On Thursday, 17 December, Lithuanian President Dalia Grybauskaitė will travel to Brussels to attend a European Council meeting and discuss additional measures to manage the migration crisis, including the setting up of a European Border and Coast Guard. European leaders will also exchange views on how to strengthen the EU’s energy union and will address EU reforms proposed by the United Kingdom, the presidency said. […]
Lithuania will be the first country in Europe to receive a shipment of liquefied natural gas (LNG) from the United States, sources confirm. […]
In October, Estonian and Finnish gas companies, with the support of the national governments, jointly applied to the European Commission for financing of the construction of Balticconnector – the transmission pipeline network that would connect the gas networks of the two countries. Reaching an agreement and submitting the application marks a very important intermediary stage, writes the Chairman of the European Union Affairs Committee of the Estonian parliament Kalle Palling (Reform Party). […]
On 27 October 2014, the port of Klaipėda on the sea coast of Lithuania was crowded with people and heads of the Baltic States. The day marked a new era in the energy security sector for Lithuania, Latvia and Estonia, as an LNG ship called “Independence” was met with Lithuanian flags waving high. Even higher were the expectations of this floating LNG terminal which at the time analysts called “a game changer” in the Baltic gas sector. However, one year on, Lithuanian government is struggling to find ways to lower the FSRU costs and expand their gas market – “Independence” has become an expensive burden. […]
On this day last year, the floating LNG regasification and storage unit Independence sailed into the port of Klaipėda. The LNG terminal is a crucial element in Lithuania’s striving for energy independence from Russian gas and electricity imports, but arguments continue about who is going to pay for the facility’s maintenance. […]
Lithuanian Prime Minister Algirdas Butkevičius will visit Israel next week in order to discuss cooperation in the energy sector, reports Israeli news website walla.co.il. […]
Since the establishment of the European Coal and Steel Community in 1952, energy policy has been at the centre of European legislation. According to the paper issued by the Commission in 1995, EU energy policy should be based on three pillars: sustainability, competitiveness and security of supply. […]
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. […]
The case against alleged abuse of dominance by Russia’s gas giant Gazprom is not political, the European Union’s Commissioner for Competition Policy has said. […]
Gazprom might have charged unfair gas prices and abused dominance, the European Commission (EC) has said after completing a probe into possible abuse of monopoly power by the Russian gas giant in some Central and Eastern European countries. […]
A Vilnius court on Tuesday closed its hearing into a complaint filed by Gazprom over the Lithuanian competition watchdog’s decision not to grant it full access to documents regarding an anti-trust fine of almost 35.7 million euros it imposed on the Russian gas giant. […]
A Vilnius court on Wednesday started hearing Gazprom‘s request to grant it full access to documents regarding a fine of almost 35.7 million euros imposed on the Russian gas giant by the Lithuanian competition watchdog. […]
On 26 March, fifteen years ago, Vladimir Putin was elected the president of Russia. The moment coincided with the start of a global oil price boom that brought billions in additional revenue to Russia. […]
Lithuania’s government is starting to discuss ways to spend approximately 1.4 billion euros, which it may receive as compensation from Gazprom if the Stockholm arbitration court sides with Lithuania in its dispute with the Russian gas giant. […]
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. […]
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. […]
The European Commission (EC) stated on Wednesday it is continuing the investigation into suspected competition violations by the Russian gas company Gazprom, thus denying media reports about the probe having been suspended. […]
Lithuanian President Dalia Grybauskaitė on Wednesday accused Russia‘s gas giant Gazprom of using gas for political pressure after Russian Deputy Prime Minister Arkady Dvorkovich said in a discussion in Davos that alternatives to Russian gas would be more expensive for Europe. […]
The liquefied natural gas (LNG) terminal in the Lithuanian port city of Klaipėda officially opened its commercial operations on the first day of 2015 to provide the first alternative to Russian gas. […]
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