Ministry of Energy

Gazprom has withdrawn its claim against Lithuania over the implementation of the European Union’s (EU) Third Energy Package.

The Lithuanian government plans to earmark additional 3.14 million euros for litigation with Russia’s Gazprom at the United Nations’ arbitration court (UNCITRAL, United Nations’ Commission on International trade Law).

Lithuania’s government is starting to discuss ways to spend approximately 1.4 billion euros, which it may receive as compensation from Gazprom if the Stockholm arbitration court sides with Lithuania in its dispute with the Russian gas giant.

Energy Minister Rokas Masiulis believes that Sweden's decision to phase out nuclear power would act as a stimulus for Lithuania's new nuclear power project, which has stalled with officials saying that they are consulting with Latvia and Estonia, the potential regional partners, and with Japan's Hit...

At the meeting of the Government it has been proposed to create a single natural gas market. A working group initiated by the Ministry of Energy has proposed to merge energy resource exchange UAB Baltpool and natural gas exchange UAB GET Baltic.

Lithuanian Energy Minister Rokas Masiulis says he cannot tolerate the situation when municipal heat producer, Vilniaus Energija (Vilnius Energy) has been deliberately overpaying for gas for the second month in a row, thus increasing heating bills for consumers. Due to such actions of heat providers,...

On January 14, in Riga, the ministers responsible for energy policy in the three Baltic states signed the Declaration on Energy Security of Supply of the Baltic States, the Ministry of Energy reports.

Compensation to non-household users for the overpayment for natural gas may qualify as state aid, the Competition Council told the Cabinet on Monday in comments about a decision drafted by the Energy Ministry.

As the Lithuanian Ministry of Energy reviewed the final plan of Ignalina nuclear power plant (NPP) decommissioning, it turned out that the closing costs will stand at EUR 2.6 billion at least, while the closing deadline has been extended for nine years.

DELFI columnist Ramūnas Bogdanas talks to Rokas Masiulis who was appointed as Lithuania's new energy minister this week.

Chief Advisor to the President on national security, Valdemaras Sarapinas, said President Dalia Grybauskaitė took into consideration two attributes, professionalism and transparency, when appointing Rokas Masiulis as Minister of Energy.

While President Dalia Grybauskaitė had informed about her requirements for the candidate to fill the energy minister's position, it was the Labour Party that made the final decision, according to Seimas Speaker Loreta Graužinienė.

Rokas Masiulis, the CEO of Klaipėdos Nafta (Klaipeda Oil) who was on Monday appointed as the country's new energy minister, says that he has already discussed the energy sector's prospects with Loreta Graužinienė, the leader of the Labour Party which delegated him to the post.

Rokas Masiulis, head of Klaipėdos Nafta, has been appointed Lithuania's energy minister on Monday, the president's press service said. President Dalia Grybauskaitė signed the decree on his appointments upon the submission of Prime Minister Algirdas Butkevičius.

As the winter approaches and gas consumption is set to rise, several EU countries - Poland, Slovakia and Austria - suddenly felt a drop in gas supply from Russia.

Lithuania has appointed Stanislaw Widtmann as its first energy attaché to Poland.

The Labour Party will choose a nominee for the position of energy minister from five candidates, says Speaker of the Seimas, chairwoman of the Labour Party Loreta Graužinienė.

Jaroslav Neverovič, who has been dismissed as energy minister this week, says he made unsuccessful attempts to persuade leadership of the Electoral Action of Poles in Lithuania (LLRA) to refrain from appointing the controversial Renata Cytacka as deputy minister.

After the meeting of the Coalition political council, the leader of the Electoral Action of Poles in Lithuania (LLRA) Valdemar Tomaševski announced that the party is withdrawing from the government. Prime Minister Algirdas Butkevičius said that three parties remain in the Coalition, whereas, based o...

Prime Minister Algirdas Butkevičius says that after the Electoral Action of Poles in Lithuania (LLRA) party leaves the ruling coalition, the position of energy minister will be taken by the Labour Party.