Dujotiekis
Energy

Lithuania’s energy security investment equals loss to hypothetical gas embargo, study finds

If, hypothetically, Russia imposed a gas embargo on Lithuania and the country would have to look for alternatives at a 50-to-100-percent surcharge, then in the first year of such an embargo Lithuania’s economy would lose LTL 1.6-1.9 billion (EUR 467-550 million), which is about what the country has invested in the pipeline connections with Poland and the LNG terminal. […]

Energy

Unsolved dilemma of Orlen Lietuva (Mažeikių Nafta)

The launch of Lithuania’s new LNG Terminal Independence in Klaipėda is cause for celebration as a victory over Russian gas dominance. as well as neighbouring Latvia and Estonia. However, another Lithuanian energy sector dilemma remains unresolved despite efforts of the European Commission and Vilnius and Warsaw –  the Russian eight year long oil ‘embargo’ against the Lithuanian oil refinery Orlen Lietuva (Mažeikių Nafta). […]

Energy

Lithuania’s LNG terminal: Less dependence on Russian gas, but more dependence on fossil fuel?

This Monday, Lithuania congratulated itself on finishing a seminal project in its energy independence policy and welcomed the floating liquefied natural gas terminal in the Baltic port of Klaipėda, from where it will open a second gas import line, an alternative to Russia’s gas giant Gazprom that had monopolized the Lithuanian gas market. […]

No Picture
Opinion

Opinion: Looking into the Far East – how Japan might affect our energy security

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. […]

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Energy

Natural gas stocks would last a month for Lithuania’s household users in case of gas cut-off

In case of natural gas supply disruptions from Russia, Lithuania’s natural gas stocks for small volume household users would last for about a month, says Dalius Misiūnas, head of the state-controlled energy company Lietuvos Energija. […]

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Opinion

Edward Lucas: Russia is winning

I have been dealing with European security for more than thirty years, as an activist during the Cold War, as a journalist, and at think-tanks1. […]