heating

Lithuanian energy minister accuses Vilniaus Energija of manipulations

Energy company Vilniaus Energija has claimed that heating prices in Vilnius will soar due to obligations to purchase liquefied natural gas (LNG) from...

Drop in expatriate remittances spells bad news for Lithuanian economy

Remittances from the Lithuanian diaspora has long played a significant role in the country's economy. Expatriates send a lot of the money they make in the UK...

Lithuanian parliament endorses new LNG terminal financing model

The Lithuanian parliament approved the new LNG terminal financing model on Tuesday, as the old model would have resulted in higher heating prices next year.

Opinion: Balticconnector will help neutralise pressure of Russian gas

In October, Estonian and Finnish gas companies, with the support of the national governments, jointly applied to the European Commission for financing of...

Lithuanian government struggles to prevent LNG terminal from inflating heating bills

Under the new scheme, proposed by the Lithuanian government to finance the maintenance of the Klaipėda liquefied natural gas (LNG) terminal, heating...

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