According to Verslo Žinios, the Vice-President of Gazprom, Alexander Medvedev, made a secret visit to Vilnius before the Prime Minister Algirdas Butkevičius left to visit Brussels, delfi.lt reports. Sources from Verslo Žinios reavealed that on 25 January the Vice-President, A.Medvedev, of the Russian energy company …
Prime Minister Algirdas Butkevicius has requested that the ministerial office addresses the Ministry of Energy, the State Consumer Rights Protection Authority, the Competition Council and the National Control Commission for Prices and Energy regarding the increase in the price of centrally supplied liquefied petroleum gas, …
Nord Pool Spot electrical energy exchange began to trade in power produced by Lithuanian wind turbines last Tuesday. This opportunity was created on 7 January as “Lietuvos energija” (Lithuanian Energy) was authorized to buy up the electricity produced by the larger wind power plants, delfi.lt …
Lithuania’s government seeks to have a new gas price formula fixed in a supply contract between Russia’s gas giant Gazprom and its partially owned Lithuania’s gas imports and transportation company Lietuvos Dujos (Lithuanian Gas), Lithuania’s Prime Minister has said adding that this was the purpose …
Norwegian energy group Statoil is interested in building process of the liquefied natural gas terminal in Lithuania, and for further agreements it will negotiate at the enterprise level, said Minister of Energy Arvydas Sekmokas after the government meeting, wrote delfi.lt on 16 April. According to the minister, after the meeting with Norwegian Minister of Energy and the business community, it can be said that …
Lithuanian Minister of Energy Arvydas Sekmokas met with Norway’s Oil and Energy Minister and Energy companies in Oslo. They talked about current trends in gas market, delfi.lt wrote on 11 April. Norway’s oil and energetics minister Ola Borten Moe said that he fully supports Lithuania’s …
A bill of Energy Resource Market Law, which aims at fixing compulsory trading of energy resources (and also renewable resources) in the exchange, is being discussed in Seimas, delfi.lt reported on 4 April. This was the main point of discussion in the Committee on Environment …
Visaginas nuclear power plant concession contract was presented during the meeting of the Government on Monday, announced Energy Minister Arvydas Sekmokas, delfi.lt reports on 26 March. “Today a concession contract on the Visaginas Nuclear Power Plant (NPP) was presented to the Government. It is planned …
Minister of Energy Arvydas Sekmokas states that shale gas could serve as an alternative energy source and it is part of the Lithuanian energy strategy. According to him, shale gas found in Lithuania is worth 35 billion EUR in 2011 prices, delfi.lt reported on 29 …
On 10 January, the Energy Minister Arvydas Sekmokas and other officials endorsed plans of construction of new biomass power plant in Kaunas, on the territory of Petrašiūnai power plant. It is planned that construction work would take three years, but it is not clear when …
After the European Commission decided the closure of Ignalina Nuclear Power Plant (NPP) requires far less money than promised, Lithuania could restart its nuclear reactors, TV3′s show Week’s Commentaries reported on Sunday. Officials acknowledge that the second power unit could resume work, but it would …
Minister of Energy, Arvydas Sekmokas, has said that a European Commission (EC) study should confirm where a regional Baltic State liquefied natural gas (LNG) terminal will be built. The Minister expects neighbouring Latvia to hold an advantage, as the country has Inčukalns underground natural gas storage, …
From the times when the energy suppliers ruled the state rather than vice versa, congenital clubs of experts do not spare energy and imagination to reinvent the evidence why there is no need to transform gas, build LNG terminal and to construct a new nuclear …
The Government recently approved the implementation plan on separation of operation and control of natural gas companies non-compliant with the Law on Natural Gas whereby AB Lietuvos Dujos must complete the separation of its operational activities (transportation, distribution and supply) by 31 October 2014, Litnews.lt …
Jorge Marcano | The Lithuania Tribune On November 10th, 2011, Vilnius became the host city of the Annual Energy Conference organised by Valstybe magazine. Under the slogan “Independent Energy – Strong Economy”, various officials from the Lithuanian Ministry of Energy, several international experts and other …
With a crucial vote approaching in the Seimas regarding the budget and other essential decisions on energy projects, Arūnas Valinskas is threatening the conservatives. According to him, the unwillingness of the conservatives to pull Jonas Šimėnas from the post of chairman of the Committee on …
Lithuania officially submitted a plan for the construction of a new nuclear power plant in Visaginas to the European Commission on 11 October. This marks the beginning of official coordination with the European Union regarding erection of the plant. Arvydas Sekmokas, the Energy Minister of …
Lithuanian Deputy Energy Minister Romas Švedas, one of the main figures behind projects of building a new nuclear power plant in Visaginas and a LNG terminal in Klaipeda, resigned on 6 September. Svedas did not comment on his resignation, but comments made by Osvaldas Čiukšys, …
Lithuania should abandon the hope that Russia will reopen crude oil supplies through the pipeline Druzhba to the Mazeikiai oil refinery. A month ago, during a meeting with the Russian delegation in Vilnius, the Lithuanian Government officials suggested financing the pipeline’s repairs. However, the proposition …
KLAIPĖDOS NAFTA has signed an Agreement with the Lead Advisor for preparation and implementation of liquefied natural gas (hereinafter – LNG) terminal’s project – the international company FLUOR, the Ministry of Energy reported. “The specialists who have participated in the course of similar negotiations are …
