Romas Švedas EN

The cooperation contracts signed between Lithuanian energy companies with the US liquefied natural gas supplier Freeport LNG brings major political and economic benefit for Lithuania, says the country's energy expert Romas Švedas.

Stopping the construction of the Astravyets nuclear power plant in Belarus through legal means is hardly possible, but arguments of European integration could be used for this purpose, Romas Švedas, a member of the Implementation Committee of the UN Espoo Convention, said on Monday evening.

Mantas Bartuška, the new chief executive officer of Lietuvos Geležinkeliai (Lithuanian Railways, or LG), is confident that he will manage to turn the country's largest state-owned enterprise, which has recently come on the radar screen of law-enforcement, into a transparent company.

Mantas Bartuška, currently CEO of the state-run oil product and liquefied natural gas terminals operator Klaipėdos Nafta (Klaipėda Oil), has been appointed as a new CEO of Lietuvos Geležinkeliai (Lithuanian Railways, or LG) and Romas Švedas, an independent expert and a former energy minister, has be...

An environmental impact assessment report that Belarus has presented to Lithuania regarding its Astravyets Nuclear Power Plant reads like it was written with an automated translation engine and raises concerns that nuclear safety is not taken seriously, Lithuanian experts say.

With Iran eager to enter the global oil market and both Russia and Saudi Arabia desperate to stay in the game, the two countries’ recent agreement to freeze oil output should be taken with a grain of salt, says Lithuanian energy expert Romas Švedas.

Last week, Lithuania signed a historic contract of liquefied natural gas (LNG) supply with the Norwegian company Statoil. Even if the price of gas set by Statoil will be somewhat higher than the one Lithuania pays now, it is important that, for the first time in history, the country has an alternati...