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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 ...
Gas prices will rise for Lithuanian buyers of gas from Gazprom, Russia's gas monopoly, but according to Dalius Misiūnas, the CEO of the Lietuvos Energija energy company holding in Lithuania, this should not translate into higher prices for end users.
Prime Minister Algirdas Butkevičius expects that Norway's gas company Statoil will lower the price Lithuania is paying for liquefied natural gas (LNG). After Litgas, Lithuania's state-owned gas company, concludes negotiations with Statoil, consumers can expect price drops, he said on Monday.
Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Norway's Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint ventu...
The third commercial shipment of liquefied natural gas (LNG) will be delivered to the Lithuanian LNG terminal, the first such facility in the Baltic countries, this week.
Lithuania's natural gas supply and trading company Litgas plans to enter a new field of activity - small-scale liquefied natural gas (LNG) supply and bunkering. Currently, Litgas together with Statoil are analysing cooperation opportunities and plan to agree on the form of cooperation within the sec...
The liquefied natural gas (LNG) terminal in the Lithuanian port city of Klaipėda officially opened its commercial operations on the first day of 2015 to provide the first alternative to Russian gas.
120s: First commercial LNG shipment reaches Lithuania, Smoking in balconies and electronic cigarettes, 3D fairy tale on Cathedral wall, Empire State Building lights show.
On Tuesday, liquefied natural gas (LNG) tanker Arctic Aurora delivered the first commercial shipment of gas to Lithuania's LNG terminal.
The Independence, a floating liquefied natural gas (LNG) terminal, was docked in the Lithuanian port of Klaipėda on Monday. The terminal gives Lithuania the capability to import up to 4 billion cubic metres of gas a year after 2015, Invest Lithuania said.
On Tuesday morning, the LNG tanker Golar Seal is bringing a test cargo of the liquefied natural gas (LNG) - around 107,000 cubic metres of gas - to Klaipėda LNG terminal.
The Norwegian government does not intend to influence decisions by the state-controlled energy group Statoil on the price of liquefied natural gas (LNG) sold to Lithuania even if Russia's Gazprom further cut its gas price to make imports through the Klaipėda LNG terminal unprofitable, Norway's minis...
Lithuania is set to open a floating liquid natural gas (LNG) import terminal in Klaipėda on 27 October. The LNG terminal, once fully operational, will play a significant role in reducing Lithuania and other Baltic states' energy dependence on Russia. This will weaken Russia's use of energy as a poli...
Lithuanian President Dalia Grybauskaitė met with the heads of 18 major Norwegian business companies and investment funds to discuss the investment climate and business opportunities in Lithuania, the presidential press service said.
Last week, Lithuania signed a historic contract of liquefied natural gas (LNG) supply with the Norwegian company Statoil. Even if the price of gas set by Statoil will be somewhat higher than the one Lithuania pays now, it is important that, for the first time in history, the country has an alternati...
A gas supply contract Lithuania has recently signed with Norwegian company Statoil will ensure secure gas supplies and will no longer allow Russian gas giant Gazprom to dictate "political prices", Lithuanian President Dalia Grybauskaitė says.
Litgas, the gas trading arm of the state energy holding company Lietuvos Energija (Lithuanian Energy), and Norway's Statoil signed a five-year liquefied natural gas (LNG) supply deal preliminary valued at 2.5 billion to 3 billion litas (EUR 725-870m).
Lithuania's state-owned gas supply company Litgas and Norway's Statoil on Thursday are to sign a liquefied natural gas (LNG) supply deal, the Lithuanian government's press office said.
Norway is among the leading nations in the global energy industry and Lithuania's strategic partner in the Klaipėda LNG Terminal project, the centrepiece of the country's energy independence strategy. Norway's Ambassador to Vilnius Leif Arne Ulland says it has not been an easy battle, but Lithuania ...
Israel could supply gas to Lithuania in the future, Lithuanian President Dalia Grybauskaitė said during a meeting with Israeli businessmen in Vilnius on Tuesday.
