Estonian company Baltic Energy Partners has started buying gas from Lithuania, which is a symbolic step, as generally Estonia as a gas consumer depends on Gazprom and never before has gas been bought from Lithuania, Public Broadcasting reports.
LNG terminal
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If, hypothetically, Russia imposed a gas embargo on Lithuania and the country would have to look for alternatives at a 50-to-100-percent surcharge, then in the first year of such an embargo Lithuania's economy would lose LTL 1.6-1.9 billion (EUR 467-550 million), which is about what the country has ...
European Commission Vice-President of the Digital Single Market Andrus Ansip said on Friday at a conference in Tallinn that Estonia and Finland have to move forward fast with the LNG terminal project, because there is prevailing investment drought in Europe and no one is going to wait until Estonia ...
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's liquefied natural gas (LNG) terminal in Klaiėeda, which took a year and a half to build and cost around 500 million litas (EUR 145m), is officially launching operations on Wednesday.
Klaipėdos Nafta, the developer and operator of the Lithuanian liquefied natural gas (LNG) terminal, has received a Natural Gas Regasification License from the National Commission for Energy Control and Prices.
Klaipėdos Nafta (Klaipėda Oil), the developer of Lithuania's liquefied natural gas (LNG) terminal project, has signed a 20-year, 34.754-million-euro loan agreement with the Nordic Investment Bank (NIB).
Lithuanian Energy Minister Rokas Masiulis has offered to supply natural gas to Ukraine and to help the country in building a liquefied natural gas (LNG) terminal.
Lithuanian Prime Minister Algirdas Butkevičius says that he welcomes an agreement between Estonia and Finland to build a liquefied natural gas (LNG) terminal, adding that Lithuania's LNG terminal in Klaipėda will be able to supply the future-to-be Finnish-Estonian facility with gas.
With Russia threatening to cut natural gas supplies to Europe, a former US diplomat says that the EU could fully replace Russian gas with liquefied natural gas (LNG).
The National Commission for Energy Control and Prices (VKEKK) has established prices for services to be provided by the Liquefied Natural Gas (LNG) terminal in 2015. The Commission has ascertained that in the nearest future gas price will decrease and cost of heat generated using gas will not rise.
In 2015 natural gas price in Lithuania will increased by LTL 102 (EUR 29.5) per thousand cubic metres in order to cover the cost of building Klaipėda's Liquefied Natural Gas (LNG) terminal.
As the competition between Russia and the West over Ukraine unfolds, there is a similar yet more subtle process occurring in the neighbouring state of Belarus. Lithuania has been one of the leading players in the effort to bring Belarus economically and politically closer to the European Union, a po...
The Lithuania Tribune spoke to Prof Vytautas Landsbergis, the First Chairman of the first Parliament of the Republic of Lithuania. We asked Professor to share his thoughts to those who doubt the need of the Klaipėda LNG terminal to Lithuania
Lithuania could ship natural gas from Klaipėda to Belarus only by rail as volumes would be too low to make investing in infrastructure worthwhile, Arvydas Sekmokas, a former Lithuanian energy minister, said on Tuesday.
The Lithuania Tribune / DELFI.LT TV spoke to Andrius Kubilius, former Prime Minister and leader of the Seimas' Opposition. Some Lithuanian economists, one of them Mr Raimundas Kuodis, say that by building the LNG terminal Lithuania became less dependent on the Russian gas, but more dependent on foss...
Lithuania’s liquefied natural gas (LNG) terminal in Klaipėda may supply gas not just to the Baltic countries but, if necessary, to other countries as well, Prime Minister Algirdas Butkevičius has said at the 10th Lithuania-Belarus economic forum in Mogilev.
“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.
The Lithuania Tribune / DELFI.LT TV spoke to Andrius Kubilius, former Prime Minister and leader of the Seimas' Opposition. The Kubilius' government started the LNG Terminal, he gave us valuable insight about the beginnings of this project.
