Energy
Shale gas
Energy
Energy
Lithuanian PM defends tax exemption on shale gas extraction
Prime Minister Algirdas Butkevičius does not give prominence to the environment minister’s concerns that if a three-year tax exemption on shale gas extraction is applied, a deposit would be depleted in that time and the state would not receive income. […]
Energy
PM to try to persuade Chevron to come back to Lithuania
Lithuanian Prime Minister Algirdas Butkevičius is planning a visit to the United States where he will meet with representatives of the US energy company Chevron to inform them about changes in the regulatory environment regarding shale gas exploration in Lithuania. […]
Energy
Lithuanian government approves investor-friendly shale gas tax scheme
The Lithuanian government on Wednesday approved a new, investor-friendly tax regime for shale gas production which, once endorsed by parliament, will open the way for launching a new tender for a shale gas exploration license. […]
Energy
Lithuanian PM expects new shale gas taxation rules to be adopted this autumn
Lithuanian Prime Minister Algirdas Butkevičius expects that the government and the parliament will approve new rules for taxing shale gas exploration and production this autumn. He also hopes the rules will be favourable for investors and will open the way for launching a new tender for a shale gas production license. […]
Energy
China geologists interested in Lithuanian shale resources
A meeting with petroleum geology research institutes from the People’s Republic of China (PRC), Sinopec Exploration and Production Research Institute and Wuxi Research Institute of Petroleum Geology, was held in the Lithuanian Geological Survey. […]
Opinion
Opinion: Breaking free from Gazprom is of political and economic benefit
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. […]
Energy
Lithuanian Energy Institute calls for exploration of shale gas reserves
The Lithuanian Energy Institute (LEI) says that the country should explore its shale gas potential and possibilities of using it for energy production. […]
Energy
Energy