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Nord Stream 2, the controversial Russian-German pipeline project, is generating fierce opposition in Central and Eastern Europe as well as from the European Parliament and the European Commission. But could the opponents of the pipeline, owned 50% by Gazprom and 50% by some of the largest Western Eu...
The planned Nord Stream 2 pipeline between Russia and Germany under the Baltic Sea should not be built, Lithuanian President Dalia Grybauskaitė said on Thursday before leaving for an EU Council meeting.
On Thursday, MEP Gabrielius Landsbergis addressed Maroš Šefčovič, Vice President of the European Commission in charge of the Energy Union, and Margrethe Vestager, European Commissioner for competition, saying that the planned Nord Stream 2 project contravenes primary energy security objectives of th...
A Stockholm arbitration court will next week start hearing the Lithuanian government's suit against Russia's gas supplier Gazprom over unfair gas prices.
Rolands Irklis, Board Member of the Public Utilities Commission of Latvia, who will be speaking at the Traditional and Renewable Energy Forum in Vilnius next week, says that it would be better for Baltic States to agree on common liquefied natural gas (LNG) terminal project and apply for EU funds to...
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...
The case against alleged abuse of dominance by Russia’s gas giant Gazprom is not political, the European Union’s Commissioner for Competition Policy has said.
Russia's gas giant Gazprom says that an arbitration suit it filed against Lithuania lost its relevance after it sold its stakes in Lietuvos Dujos (Lithuanian Gas) and Amber Grid for 164 million US dollars, more than it sought for in the arbitration case.
Gazprom has withdrawn its claim against Lithuania over the implementation of the European Union’s (EU) Third Energy Package.
The Lithuanian government plans to earmark additional 3.14 million euros for litigation with Russia’s Gazprom at the United Nations’ arbitration court (UNCITRAL, United Nations’ Commission on International trade Law).
On 26 March, fifteen years ago, Vladimir Putin was elected the president of Russia. The moment coincided with the start of a global oil price boom that brought billions in additional revenue to Russia.
Lithuania's Minister of Energy Rokas Masiulis paid a visit to Riga to take part in a conference on the creation of the European Energy Union. Latvia is currently presiding over the Council of the European Union. The Lithuanian energy minister says such union might contribute to dealing with issues w...
The crisis in Ukraine, and in particular Russia's recent cancellation of the South Stream natural gas pipeline project, has had substantial ripple effects on the energy dynamics on the European continent. The Russians and Europeans both have put forth several potential replacements for the now scrap...
Lithuania is already in a position to supply gas to Latvia and Estonia, however, Latvia’s stance, which remains unclear, raises concerns about free supply of gas to the Baltic countries, energy minister has said, adding that Latvia has assured that it will guarantee the implementation of the Europea...
Lithuania's 500-million-litas (EUR 145m) liquefied natural gas (LNG) facility, which is the country's first alternative to Russian gas supplies and which the government believes could become a regional terminal, is officially launching operations on Wednesday, but Latvia and Estonia will have to wai...
Lithuania would only build an underground natural gas storage facility in Syderiai, north-west Lithuania, if it obtained the European Union’s (EU) support for the 300-million-euro project and if it failed to agree with Latvia on access to the Incukalns storage facility, energy minister has said.
“Thank you for ‘Independence’, Lithuania”, said Latvian Prime Minister Laimdota Straujuma at the welcome ceremony of the very first liquefied natural gas (LNG) terminal of the Baltic states, called “Independence”, on 27 October 2014 in the Lithuanian seacoast city Klaipėda.
Experts say that Lithuania has successfully coped with the implementation of the EU's Third Energy Package, which demands for separating gas transmission, distribution and supply functions. They note that Russia's Gazprom, a vehement opponent of the reform, sold its stakes in two Lithuanian gas comp...
Starting from the beginning of 2014, both the EU and Ukraine have been facing many common challenges related to their respective border, energy and defense security.
Stockholm arbitration court will hear the Lithuanian government's multi-billion-litas suit against Russia's gas supplier Gazprom over unfair gas pricing next summer, Prime Minister Algirdas Butkevičius said on Thursday.
