33 articles
The new Minister of Energy Žygimantas Vaičiūnas does not deny the possibility that in negotiations to disconnect from the so-called BRELL ring there could be tensions, but states that Russia understands the goals of Lithuania and other Baltic States perfectly well.
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...
The European Commission has presented a package of proposals to ensure the Eropean Union's energy security, including a measure allowing the EC to review and block member states' agreements with third-country gas suppliers if they threaten other members' energy security.
Lithuania's dependency on energy imports in 2014 was one of the largest among the 28 European Union countries.
Nearly 60 famous Lithuanian power engineers, scientists, former energy and economy ministers and heads of business associations encouraged the government to take decisive actions in order to save thermal power plants as reserve electric power sources. The government adopted a resolution on October 7...
Prime Minister Algirdas Butkevičius says the euro introduction, power interconnections with Poland and Sweden, and reforming the Labour Code are Lithuania's three biggest achievements of 2015. He also reviews the country's future plans for 2016 on TV programme Alfa Savaitė.
Lithuania is moving from the post-Soviet to European electricity transmission system and Prime Minister Algirdas Butkevičius says claims that Russia and Belarus will incur damages as a result are nothing but "interpretations". The prime minister says Lithuania is not considering paying compensations...
Big changes often seem to move forward painfully slowly, while the most sweeping of them get triggered by steps no one thought very consequential. It is especially true of the policies of the European Union with its notoriously cumbersome decision-making procedures and contradictory interests. Could...
Lithuania shall review its energy strategy in the light of geopolitical environment, President Dalia Grybauskaitė has said, adding that the country should use changes in the energy sector to its advantage.
Just prior to his mid-October 2014 visit to the United States, Lithuanian Prime Minister Algirdas Butkevičius revealed that his talks with the US government would devote special attention to energy issues, including trying to invite US companies to take part in a new shale gas exploration tender to ...
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 ha...
Lithuania is set to open a floating liquid natural gas (LNG) import terminal in Klaipėda on 27 October. The LNG terminal, once fully operational, will play a significant role in reducing Lithuania and other Baltic states' energy dependence on Russia. This will weaken Russia's use of energy as a poli...
Lithuania has proven that, despite being a small country, it can build a liquefied natural gas (LNG) terminal and to ensure its energy independence without anyone’s help, the president has said.
The European Commission recommends Estonia, Latvia, Lithuania and Finland to start preparing for an emergency situation immediately since if Russian gas taps were turned off, Estonia, for example, would run out of gas in 4-5 days, Eesti Paevaleht writes.
Energy Minister Rokas Masiulis says that the price of gas supplied through the Liquefied Natural Gas (LNG) terminal will be determined by the international market as it will be calculated based on the United Kingdom's National Balancing Point (UK NBP) gas prices.
The Independence, floating storage and regasification unit (FSRU) built for Lithuania’s liquefied natural gas (LNG) terminal, underwent various types of tests on its way to Lithuania, therefore, the vessel, which left Korea in mid-May, will only reach Klaipėda late in October, a presidential aide ha...
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 ha...
US energy giant Chevron is no longer interested in exploring for shale gas in Lithuania, saying that opportunities in the country cannot compete with other opportunities in the company's global portfolio.
