LITGAS EN

Lithuanian companies on Tuesday signed cooperation agreements with Freeport LNG, the US liquefied natural gas (LNG) supplier and operator of the future exports terminal.

The price of liquefied natural gas (LNG) imported by Lithuania could decline, if the United States and the European Union (EU) sign a free trade agreement and supplies of American LNG is ensured, says Lithuania's Parliamentary Speaker Viktoras Pranckietis.

Lithuania's LNG terminal in Klaipėda, launched in late 2014, has been a symbol of its aspiration towards energy independence, although maintaining the facility has proved a heavy financial load. That, however, is changing.

Lithuania's gas trade company Litgas, which is part of the state-owned energy holding Lietuvos Energija (Lithuanian Energy), on Thursday signed a revised LNG supply contract with Norway’s Statoil.

New gas tanker with Statoil natural gas reached the Klaipėda LNG terminal yesterday on Independence day, marking a new phase in Lithuania’s move away from dependence on Russian gas supplies.

A new shipment of Statoil’s liquefied natural gas (LNG) will be delivered to the Lithuanian LNG facility in Klaipėda this week.

Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas trading company Litgas and Norway's Statoil which will cut the wholesale liquefied natural gas price by more than a third and reduce the maintenance costs of the LNG terminal by 23%.

Lithuania's gas company Litgas has concluded negotiations with Norway's Statoil to review it's five-year liquefied natural gas (LNG) supply contract, substantially cutting maintenance costs of Lithuania's LNG terminal and the price for gas consumers, Prime Minister Algirdas Butkevičius says.

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.

Prime Minister Algirdas Butkevičius expects that Norway's gas company Statoil will lower the price Lithuania is paying for liquefied natural gas (LNG). After Litgas, Lithuania's state-owned gas company, concludes negotiations with Statoil, consumers can expect price drops, he said on Monday.

As natural gas consumption has dropped drastically in the energy sector, the minimum quantity of natural gas required for the operation of the Liquefied Natural Gas (LNG) Terminal will twice surpass the projected demand by energy producers. The designated supplier, company Litgas, forecasts that due...

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Norway's Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint ventu...

Lithuania's state controlled energy company group Lietuvos Energija decided to merge its two natural gas supply daughter companies: Lietuvos Dujų Tiekimas and LITGAS. Such move will create one powerful gas supply company in Lithuania which will seek to expand its activities in the Baltic region, Lie...

Lithuania's natural gas supply and trading company Litgas plans to enter a new field of activity - small-scale liquefied natural gas (LNG) supply and bunkering. Currently, Litgas together with Statoil are analysing cooperation opportunities and plan to agree on the form of cooperation within the sec...

Natural gas supply and trading company Litgas, part of Lietuvos Energija energy company group, will start supplying natural gas to Estonia from February. Litgas is the first company in Lithuania and one of the first in the Baltics which will supply natural gas to customers in other countries, the co...

On Tuesday, liquefied natural gas (LNG) tanker Arctic Aurora delivered the first commercial shipment of gas to Lithuania's LNG terminal.