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Some Lithuanian political scientists say that the growing share of Russia's gas giant Gazprom on the Lithuanian gas market may be risky, although the new deals made by Lithuanian companies on cheaper Russian gas make sense.
Russian gas concern Gazprom must pay Lithuania a fine of 35.651 million euros, which was imposed two years ago for refusing to sign a gas exchange deal with Lithuania's state-owned electricity production group Lietuvos Energijos Gamyba (Lithuanian Energy Production, LEG) formerly known as Lietuvos E...
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's failure to win a dispute against Gazprom over too high natural gas prices should not influence the European Commission's decision in its antitrust probe into the Russian gas giant's operations, Lithuanian Energy Minister Rokas Masiulis.
Lithuania's President Dalia Grybauskaitė says that further development of the Russia-Germany gas pipeline Nord Stream means shroderization of the European Union's (EU) energy policy.
Lithuania and Latvia have much in common on a strategic level. Yet relations between the two aren’t especially brotherly. That’s how political expert Linas Kojala put it on LRT.lt. In his opinion it is difficult to pin down a special closeness between the two countries with actual examples. Vytautas...
Rosatom, Russia's state corporation that is building nuclear power plants in Europe, Asia and Middle East, is turning into an instrument of geopolitical pressure, Lithuanian Energy Minister Rokas Masiulis said during his visit to the United States.
Lithuania plans to apply on Thursday to a Swedish court for an annulment of a Stockholm arbitration court's ruling in a dispute between the government and Russia's gas giant Gazprom in which the country sought, but was not awarded, 1.4 billion euros in compensation for overpriced Russian natural gas...
A four-year-long dispute between the Lithuanian government and Russia‘s gas company Gazprom over €1.4 billion sought by Lithuania at Stockholm arbitration court over overcharging for gas supplies has ended in failure of both parties to prove the validity of their claims. To read this article, try a ...
A Stockholm arbitration court, which examined Lithuania’s €1.4-billion suit against Russia’s gas supplier Gazprom over overcharging for gas supplies, has found no guilt on Gazprom’s part, Lithuania’s energy minister has said. To read this article, try a €5.99 monthly subscription by clicking here.
On May 17, Polish state-owned natural gas pipeline network operator Gaz-System S.A. published its updated strategy for 2016–2025. A noteworthy new element in the document is the plan to create a natural gas hub in Poland, aimed at establishing a regional gas market in Central and Eastern Europe (CEE...
Estonia’s electricity and gas company Elering paid Russian exporter Gazprom an average €13.50/MWh in April, while, the average gas price on the Lithuanian GET Baltic Gas Exchange in April was €16.41/MWh, naturalgaseurope.com reports.
Lithuania's fertilizer manufacturer Achema, the country's single largest natural gas consumer, is looking to sign a long-term gas supply contract that would provide more stability and make it easier to plan operations, according to the company's CEO.
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...
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...
Russian energy company Gazprom tried to undermine Lithuania’s liquefied natural gas terminal (LNG) at Klaipeda and attempted to put pressure on some of Lithuania's major gas consumers, the State Security Department (VSD) claimed in a threat to national security assessment released on Wednesday.