Nato is to agree an overhaul of its battle plans to offer better protection to the alliance’s eastern flank, tearing up a model that could have meant relinquishing and then Continue Reading
Lithuanian authorities said a ban on the transit through their territory to the Russian exclave of Kaliningrad of goods that are subject to EU sanctions was to take effect from Continue Reading
Lithuania will no longer import Russian gas to meet its domestic needs, becoming the first country in Europe to have secured its independence from Russian supplies, the country’s energy ministry Continue Reading
A state-owned port operator in Lithuania said it started work on a reloading station for support for maritime needs for liquefied natural gas. Klaipėdos nafta said it started work on Continue Reading
Lithuanian gas supplier Litgas said Thursday it has signed a five-year deal with Norway’s Statoil AS A to deliver 540 million cubic meters of natural gas annually from 2015, a move that could put an end to Lithuania being wholly dependent on Russian gas. "This strategic contract will help to ensure the availability of an alternative natural gas import source, which will enable us and other Lithuanian companies to procure natural gas on international markets from various suppliers at any time," said Dominykas Tuckus, general manager of UAB Litgas. The Baltic nation is currently dependent on Gazprom for 100% of its gas, and Lithuanians have been paying 15% higher than the European average gas price. Concerns about price and energy security have prompted Lithuania to lease a ship—dubbed ‘Independence’—that will allow it to process liquefied natural gas from non-Russian sources and deliver it to Lithuanian customers at potentially lower […]
