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Lithuanian government decides on 1 percent tax on shale gas production

Shale gas production in Lithuania shall be taxed at 1 percent in the first three years, instead of applying the previously proposed rate of zero tax , the...

High expectations for Lithuania's new Energy Minister

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...

Lithuanian government approves investor-friendly shale gas tax scheme (2)

The Lithuanian government on Wednesday approved a new, investor-friendly tax regime for shale gas production which, once endorsed by parliament, will open...

Lithuanian PM expects new shale gas taxation rules to be adopted this autumn

Lithuanian Prime Minister Algirdas Butkevičius expects that the government and the parliament will approve new rules for taxing shale gas exploration...

New ship to be built for Lithuanian border guards

Lithuanian border guards guarding the country's border in the Baltic Sea and the Curonian Lagoon will have a new ship built for them. It should be launched...

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