Lithuania has been one of the loudest voices in Europe pushing for increasing energy independence from Russia, but not all EU countries are following this strategy. Finland, which is not a member of NATO, is set to increase its dependence on Russian gas and uranium, which has some in the country wor...
Gas prices
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Litgas, the gas trading arm of the state-owned energy group Lietuvos Energija, will sign a renewed liquefied natural gas (LNG) supply contract with Norway's Statoil on Monday.
Gas prices will rise for Lithuanian buyers of gas from Gazprom, Russia's gas monopoly, but according to Dalius Misiūnas, the CEO of the Lietuvos Energija energy company holding in Lithuania, this should not translate into higher prices for end users.