Energy company Vilniaus Energija has claimed that heating prices in Vilnius will soar due to obligations to purchase liquefied natural gas (LNG) from...
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...
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.
In October, Estonian and Finnish gas companies, with the support of the national governments, jointly applied to the European Commission for financing of...
Under the new scheme, proposed by the Lithuanian government to finance the maintenance of the Klaipėda liquefied natural gas (LNG) terminal, heating...
