All Stories in Baltic Energy Market

Zigmantas Balčytis | DELFI, Photo by Š. Mažeika

Opinion: Are we going to buy not only Polish meat, but Polish energy as well? 0

The Lithuania Tribune presents an opinion article by Zigmantas Balčytis, as published on www.alfa.lt, analysing Lithuania’s long-term energy strategy and whether refusing to build a new nuclear power plant is …

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MEP Zigmantas Balčytis | Photo courtesy of http://balcytis.lt

Balčytis: EC should integrate Baltic countries into EU internal energy market more actively 0

MEP Zigmantas Balčytis on 14 May, 2013 approached the European Commission asking to increase its role in the Baltic region in implementing a long-term EU energy strategy and ensuring energy security. MEP is convinced that the role and influence of the European Commission (EC) should …

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Photo bourtesy of Energetikos tinklų institutas

Chinese group acquires majority in Lithuanian energy company 0

Lithuania’s energy, construction design and engineering companies have so far been of strong interest to Scandinavian companies, writes the Baltic Business News with reference to news2biz Lithuania. The latter will now have to face competition from Chinese peers. Chinese government-controlled North China Power Engineering (NCPE) …

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President: Lithuania’s energy security is not a subject of compromises with Gazprom 0

BNS Projects aimed at ensuring Lithuania’s energy security should not become a subject of potential compromises during negotiations with Russian Gazprom over cheaper gas, Lithuanian President Dalia Grybauskaitė said. “Lithuania always has to stick to a position beneficial to Lithuania, which is Lithuania’s energy security. …

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KPMG survey: Baltic business leaders more confident about the future

KPMG survey: Baltic business leaders more confident about the future 0

Baltic business leaders who participated in KPMG survey see signs of confidence as regards Estonian, Latvian and Lithuanian economies and the outlook for companies, reveals KPMG survey ‘Pulse of Economy 2013’. This is reflected by both the faith in further GDP growth of two to …

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Nėrijus Udrėnas | DELFI, Photo by D. Didžgalvis

Presidential adviser lacks transparency in Lithuania’s gas market 0

BNS Nėrijus Udrėnas, chief adviser to Lithuania’s President Dalia Grybauskaitė believes there is a lot of ‘darkness’ in the natural gas market in the Baltic region, which is lacking in transparency. In an interview to ‘Žinių Radijas’ on Tuesday Udrėnas said that the lack of …

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President Dalia Grybauskaitė and King of Norway Harald V | © 2013 Office of the President of the Republic of Lithuania

President Grybauskaitė confirms that Norway is Lithuania’s reliable partner 0

The Press Service of the President has informed that Lithuania’s President Dalia Grybauskaitė met with King of Norway Harald V in Oslo on Monday, saying that the cooperation between the Baltic and the Nordic states is among Lithuania’s key foreign policy objectives. “The president emphasised …

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President Grybauskaitė in Norway | © 2013 Office of the President of the Republic of Lithuania, Photo by Dž. G. Barysaitė

Lithuanian President will focus on energy security during her visit to Norway 0

The Press Service of the President has informed that President Dalia Grybauskaitė is going for a working visit to Norway next week. She intends to hold a bilateral meeting with Norway’s Prime Minister Jens Stoltenberg to discuss cooperation in energy sphere and the possibilities to …

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Energy Ministry advocates development of energy infrastructure and establishment of competitive market 0

Lithuanian Ministry of Energy reports that the creation of common European energy market is a vital condition in order to ensure favourable prices to European customers, energy security and sustainability. This was the main theme of the seminar “Electricity markets and interconnections”, which was held …

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DELFI, Photo by K. Čachovskis

Foreign partners no longer sure whom Lithuania will side with – the EU or Moscow (Part II) 1

The Lithuania Tribune presents the second part of the article written by Jonas Banys from www.delfi.lt about the current tendencies of Lithuania’s foreign allegiance.  Read the first part BEMIP The mutual market with the Nordic countries is one of BEMIP’s key goals and a central …

Energy Minister slams as rumours Lithuania’s participation in Kaliningrad’s plant 0

Lithuania’s Energy Minister, Jaroslav Neverovič, called the statements that appeared in the media regarding Lithuania’s plans to acquire shares of Kaliningrad’s Nuclear Power Plant as rumours, writes www.delfi.lt. Allegedly, the Lithuanian media have been circulating information on the proposal of the Russian energy company ‘Rosatom’ …

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Lithuanian energy security: caring for the daily interests of citizens 0

Algirdas Sysas, Deputy Speaker of the Lithuanian Seimas, Member of the Seimas Delegation to the OSCE, Deputy Chairman of the Lithuanian Social-Democratic Party. 28/02/2013 One of the major priorities of Lithuania is ensuring its energy security, basically through establishing and securing the sustainable multiple or …

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Lithuania sees no need for additional power links to Kaliningrad – Energy Minister 0

Lithuania sees no need in building additional power links to the Kaliningrad region where Russia intends to build a nuclear power plant, Energy Minister Jaroslav Neverovic said on Wednesday. “We already have a link with the Kaliningrad region, so we don’t need to build anything …

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Lithuanian energy group to enter the Latvian electricity market 0

The biggest player on Lithuania’s free electricity supply market, Energijos tiekimas, is finally stepping across the border and into its natural foreign markets – Latvia and Estonia, reports news2biz LATVIA cited by bbn.ee. Energijos tiekimas is a subsidiary of the country’s state-owned electricity giant, Vilnius-listed …

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Z. Balčytis – Instead of an Answer to a Polish Minister 0

The Polish Minister of Foreign Affairs, Radoslaw Sikorski, declared publicly that Lithuania should choose between two projects: either a liquefied gas terminal in Klaipėda or a gas link with Poland, since both projects would not pay off, writes Zigmantas Balcytis for DELFI. The Polish Minister’s statement is not accidental. …

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U.S. Government Strongly Supports Lithuanian and Baltic Energy Security and Independence 0

Today, Carlos Pascual, Special Envoy and Coordinator for International Energy Affairs, U.S. Department of State and Lithuanian Minister of Environment, Valentinas Maziurionis spoke about the importance of working together to strengthen energy security in Lithuanian and the Baltic region, informs the US Embassy in Lithuania. …

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Both gas terminal, link with Poland would be beneficial for Lithuania – adviser 0

The LNG terminal remains a strategic project for Lithuania, and a gas link with Poland would also be beneficial but the construction of it would take a bit longer, Nerijus Udrenas, chief adviser of the Economic And Social Policy Group at the Office of Lithuanian …

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PM Butkevicius calls Sikorski’s gas proposal “strange” 0

Prime Minister Algirdas Butkevicius on Tuesday called a proposal by Polish Minister of Foreign Affairs Radoslaw Sikorski to choose between the LNG terminal in Klaipeda and a gas link with Poland strange recommendations by the foreign minister of another state on state administration. “It’s very …

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Polish relations reboot 0

Polish President Bronislaw Komorowski says he thinks that now that the parliamentary election in Lithuania is over, it is a very favorable time to reboot bilateral relations with Lithuania, reports ELTA cited by The Baltic Times. “Lithuania had a parliamentary election during which the ethnic …

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ABB to install 500MW high-voltage converter station in Lithuania 0

Power and automation technology group ABB has secured a $110m order from Litgrid to supply and install a high-voltage direct current (HVDC) converter station in Lithuania, informs CTBR. The 500MW, back-to-back HVDC converter station will be built near the city of Alytus in Lithuania and …

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