Energy
Ignalina N-plant chief stepping down
Darius Janulevičius is stepping down from the leading post of the Lithuanian Ignalina Nuclear Power Plant amid allegations of lack of transparency in the sales of the company’s properties. […]
Žygimantas Vaičiūnas EN
Energy
Ignalina N-plant CEO refuses to say if he’ll resign amid abuse suspicions
Ignalina Nuclear Power Plant CEO Darius Janulevičius, suspected by law-enforcement bodies of involvement in a non-transparent auction of the plant’s assets, refuses to comment on whether he intends to step down, saying that he will wait for the energy ministry’s decision. […]
Energy
Final political deal on energy synchronization expected next June – Lithuanian energy minister
The European Commission (EC) and energy ministers of four countries – Lithuania, Latvia, Estonia and Poland – agreed that the final political agreement on synchronization of the Baltic energy networks with continental Europe should be signed in June of 2018. […]
Society
Lithuania’s Ignalina N-plant CEO suspected of abuse in asset auction probe
Lithuanian law-enforcement officials have brought formal suspicions against Darius Janulevičius, current CEO of the Ignalina Nuclear Power Plant (NPP), and another five persons, including Osvaldas Čiukšys, its former CEO, over a suspected non-transparent auction of the plant’s assets worth over 1.5 million euros. […]
Politics
Media gives most attention to Lithuania’s healthmin during government 1st yr, least to energmin
Lithuania’s Health Minister Aurelijus Veryga got the biggest media focus during the first year of the government’s term, while Energy Minister Žygimantas Vaičiūnas got the least attention from the press. […]
Foreign affairs
Lithuania expects Ukraine’s support on Belarus’ N-plant project
Lithuania is trying to secure Ukraine’s support for its efforts to block the construction of the unsafe Astravyets nuclear power plant in Belarus, but it has received no concrete position from Kiev yet, Energy Minister Žygimantas Vaičiūnas said. […]
Foreign affairs
Lithuania sends note to IAEA over radioactive leak in Russia
After an extremely high content of radioactive substances, which was nearly 1,000 times above the usual radioactive pollution level, was registered in the Russian Chelyabinsk region in September, Lithuania sent a note to the International Atomic Energy Agency (IAEA). […]
Economy
Lithuanian energy minister promises to seek compromise on vetting strategic companies’ deals
Lithuanian Energy Minister Žygimantas Vaičiūnas says that a compromise satisfying all parties would be sought in parliamentary debates on proposals to obligate companies important for national security to notify authorities about large transactions. […]
Economy
EU promises further funding for Ignalina N-plant closure – Seimas speaker
The European Commission remains committed to providing funding for the decommissioning of Lithuania’s Ignalina Nuclear Power Plant (NPP), Viktoras Pranckietis, the speaker of the Seimas, said after meeting with EU Budget Commissioner Guenther Oettinger in Vilnius on Thursday. […]
Politics
PM says in no rush to find new economy minister
Lithuanian Prime Minister Saulius Skvernelis says that there is no rush to find a replacement for Mindaugas Sinkevičius, who last month resigned as economy minister, but adds that he has several candidates for the post. […]
Foreign affairs
EU Budget Commissioner Oettinger to visit Vilnius this week
Guenther Oettinger, the EU commissioner in charge of budget and human resources, is to come on a visit to Lithuania on Thursday. […]
Energy
Lithuania, Luxembourg sign EU’s 1st renewable energy cooperation deal
Lithuania and Luxembourg signed on Thursday a renewable energy deal, the first of its kind in the European Union, that will enable the Baltic country to sell a part of its renewable energy surplus for 10 million euros. […]
Energy
The Independence as a gas market swing supplier
What a difference one ship makes in combination with shifts in production in less than 3 years. It took a bit longer to get from complete reliance on a Russian-controlled energy-monopoly to a competitive market with increased security and interconnectivity. However, the presence of the Independence LNG floating facility in Klaipėda and the return of the USA as an energy independent country and exporter changed dramatically the supply and prices in the gas market. […]
Economy
PM not to escalate conflict with Brussels over railway co’s fine
Lithuania’s Prime Minister Saulius Skvernelis says that the country would search for the least unprofitable solution over the nearly 28-million-euro fine imposed on state-run company Lietuvos Geležinkeliai (Lithuanian Railways, LG) by the European Commission, however, a conflict with Brussels will be avoided. […]
Economy
EU Competition Commissioner to discuss railway co’s case with Lithuanian leaders
Margrethe Vestager is meeting with Lithuanian leaders in Vilnius on Tuesday to discuss the fine of almost 28 million euros on Lietuvos Geležinkeliai (Lithuanian Railways, or LG) for dismantling a railway stretch to Latvia. […]
Energy
Government okays plan for blocking power imports from Belarus’ N-plant
The Lithuanian government endorsed on Wednesday an action plan for blocking electricity imports from Belarus’ Astravyets nuclear power and thus hampering the project. […]
Energy
Energy
Energy security can’t be risked by delaying synchronization project – energmin
The project for synchronizing the Baltic power grids with the Western European system must be carried out as soon as possible, or otherwise energy security would be put at risk, Lithuanian Energy Minister Žygimantas Vaičiūnas said on Tuesday. […]
Energy
Consumers to feel effect of cheaper US gas next year – energmin
After Lithuania received its first shipment of liquefied natural gas (LNG) from the United States on Monday, Energy Minister Žygimantas Vaičiūnas expects the price of US gas to be reflected in the end user price next year, but Prime Minister Saulius Skvernelis thinks that it is too early to say that gas prices for households will go down. […]
Energy
Increasing number of countries take firm stance on Nord Stream 2 – Minister of Energy
An increasing number of nations back a firm stance on Nord Stream 2 as the European Commission seeks a mandate from the EU’s member states in talks on the project, Lithuanian Energy Minister Žygimantas Vaičiūnas said. […]