Russia’s energy minister said a second gas pipeline, Nordstream 2, that will bypass the Baltic States and Poland to supply Germany directly with natural gas was a key energy project for Russia in 2016.
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The European Commission is working "in two directions" on an anti-monopoly investigation of Russia's gas company Gazprom, EU competition commissioner Margrethe Vestager said.
If Latvia's gas provider, Latvijas Gaze, will agree to draft rules and conditions for Lithuania's gas providers, then Lithuanian gas exports may begin as early as this year. The Latvian high court's decision to allow such a transfer removed one hurdle to the effort, but others remain.
Amber Grid, a Lithuanian gas transmission company, signed a 10-year contract with the Russian gas concern Gazprom for the transportation of gas from Belarus through Lithuania to Kaliningrad. According to the contract, the services will cost about €10-11 m. annually for 10.5 million cubic meters of g...
Amber Grid, the operator of Lithuania's natural gas transmission system, and Gazprom signed a new long-term agreement on the transportation of natural gas to the Kaliningrad Region of the Russian Federation through the Republic of Lithuania, Amber Grid reports.
The cost of gas for residents and businesses in Druskininkai could treble in the next year if the spa town in south Lithuania cannot find an alternative to an extremely unfavourable gas supply deal with Gazprom.
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, 17 December, Lithuanian President Dalia Grybauskaitė will travel to Brussels to attend a European Council meeting and discuss additional measures to manage the migration crisis, including the setting up of a European Border and Coast Guard. European leaders will also exchange views on h...
In October, Estonian and Finnish gas companies, with the support of the national governments, jointly applied to the European Commission for financing of the construction of Balticconnector – the transmission pipeline network that would connect the gas networks of the two countries. Reaching an agre...
Vilnius Regional Administrative Court has rejected OAO Gazprom's compliant against Lithuania's Competition Council.
The Supreme Court of Lithuania ruled on Friday to uphold a verdict passed by Stockholm Arbitration court which bound Lithuania not to adjudicate in a dispute with Gazprom.
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...
Lithuanian Prime Minister Algirdas Butkevičius says that he has received personal reassurance from Lyda Lubienė, the main shareholder of the fertilizer manufacturer Achema, that she is not going to sell her shares in the concern which has been eyed by Russian investors.
A Stockholm arbitration tribunal's oral hearing for Lithuania's suit against Russia's gas supplier Gazprom was completed on Thursday after the parties to the dispute made their closing statements.
The European Union does not need a new Nord Stream gas pipeline that Russia's gas behemoth Gazprom is planning to build, Lithuanian Foreign Minister Linas Linkevičius said, adding that the project will do great harm to Ukraine.
Lithuanian energy minister believes that Stockholm arbitration court, which on Wednesday started hearing Lithuania's suit against Russia's gas supplier Gazprom in which the government seeks more than a billion euros in compensation for overcharging of gas supplies, will rule in Lithuania's favour.
A Stockholm arbitration court on Wednesday starts hearing Lithuania's case against Russia's gas supplier Gazprom in which the government seeks a compensation of more than a billion euros for overcharging for gas.
A Stockholm arbitration court will next week start hearing the Lithuanian government's suit against Russia's gas supplier Gazprom over unfair gas prices.
Since the establishment of the European Coal and Steel Community in 1952, energy policy has been at the centre of European legislation. According to the paper issued by the Commission in 1995, EU energy policy should be based on three pillars: sustainability, competitiveness and security of supply.
Lithuanian courts can decide whether or not to recognize a Stockholm arbitration award in a dispute between the Lithuanian Energy Ministry and Russia's gas giant Gazprom, the European Court of Justice (ECJ) ruled on Wednesday.
