LNG terminal

Nord Stream 2, the controversial Russian-German pipeline project, is generating fierce opposition in Central and Eastern Europe as well as from the European Parliament and the European Commission. But could the opponents of the pipeline, owned 50% by Gazprom and 50% by some of the largest Western Eu...

America's first shipment of liquefied natural gas to Europe, which left Louisiana for Portugal this week, is set to shake up the European gas market, according to the Wall Street Journal.

Russian OMRP Spetsnaz units may have landed on the coast of Juodkrantė two years ago. This suggestion by the chairman of the parliamentary National Security and Defence Committee Artūras Paulauskas, has caused considerable turmoil and concern.

Russian energy company Gazprom tried to undermine Lithuania’s liquefied natural gas terminal (LNG) at Klaipeda and attempted to put pressure on some of Lithuania's major gas consumers, the State Security Department (VSD) claimed in a threat to national security assessment released on Wednesday.

Klaipėda LNG terminal has been picked out as an example of how to ensure energy security and competition by the European Commission in the EU's liquefied natural gas and gas storage strategy.

A liberalised gas market will soon be operating in all three Baltic states which, along with the LNG terminal in Klaipeda, will reduce prices, increase competition and improve security of supply, said Lithuanian Energy Minister Rokas Masiulis.

Lithuania's gas trade company Litgas, which is part of the state-owned energy holding Lietuvos Energija (Lithuanian Energy), on Thursday signed a revised LNG supply contract with Norway’s Statoil.

Lithuania was one of the few EU countries to reduce its dependence on Russian gas supplied by Gazprom last year, with 20 countries including Germany, Italy, Britain and Denmark all importing more gas from the Russian energy giant in 2015.

New gas tanker with Statoil natural gas reached the Klaipėda LNG terminal yesterday on Independence day, marking a new phase in Lithuania’s move away from dependence on Russian gas supplies.

A new shipment of Statoil’s liquefied natural gas (LNG) will be delivered to the Lithuanian LNG facility in Klaipėda this week.

Latvia's parliament, the Saeima, passed amendments to energy law, opening up the country's gas market to external suppliers, including, potentially, to Lithuania's liquefied natural gas (LNG) terminal.

Lithuania will import more gas from Norway than from Russia in 2016 for the first time after closing a number of supply deals with Statoil facilitated by its liquefied natural gas (LNG) infrastructure, Lithuania's energy minister said on Monday.

The increasing share of liquefied natural gas (LNG) in the Lithuanian market and the decreasing dependence on Russian gas is a good sign for consumers in Lithuania, according to analysts.

Russia's gas behemoth Gazprom will have to be more flexible in order to sell gas in Lithuania, Energy Minister Rokas Masiulis said on Tuesday, commenting on a liquefied natural gas (LNG) purchase deal reached between Achema, the country's largest gas consumer, and Norway's Statoil.

Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway's Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda.

Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas trading company Litgas and Norway's Statoil which will cut the wholesale liquefied natural gas price by more than a third and reduce the maintenance costs of the LNG terminal by 23%.

Lithuania's gas company Litgas has concluded negotiations with Norway's Statoil to review it's five-year liquefied natural gas (LNG) supply contract, substantially cutting maintenance costs of Lithuania's LNG terminal and the price for gas consumers, Prime Minister Algirdas Butkevičius says.

Lithuanian Prime Minister Algirdas Butkevičius says that an agreement of an agreement with the Norwegian gas company Statoil have already been agreed in order to review the price of liquefied natural gas (LNG) supplied via the LNG Terminal. The head of Government said that the agreement is expected ...

Achema, the Lithuanian fertilizer and industrial chemicals producer, has paid €31.34 million in gas taxes that it had previously contested. The company says it will continue the legal battle with the state over the issue.