Latest news
Lithuania might not prolong long-term gas import agreement with Gazprom
Lithuania might not prolong its long-term natural gas import agreement with Russia's Gazprom after the existing one expires at the end of 2015, since it has obtained access to global LNG markets, as declared by the state-owned energy company on Monday.
read more... 03/03/2015
Russian magnate confronted Britain over North Sea agreement
Russian tycoon Mikhail Fridman declared on Monday he would purchase a number of gas licenses in the North Sea in spite of British resistance, threatening lawsuit if London should oblige him to vend them on to a third party.
read more... 03/03/2015
Lithuania inks non-binding agreement for U.S. LNG
Lithuanian liquefied natural gas (LNG) importer Litgas has inked a non-binding deal to acquire LNG from the United States' first export terminal, as stated by the company on Saturday.
read more... 02/03/2015
Lithuanian LNG importer inks Latvia transit agreement
Lithuania's Litgas has inked a natural gas transit agreement with Latvian grid operator Latvijas Gaze to guarantee shipments to Estonia, as stated by the company on Friday.
read more... 23/02/2015
Hungary can utilize gas from Russian accord over next 4-5 years
Hungary will employ the remaining gas in its supply agreement with Russia over the next four to five years and like this evade having to pay 3 billion euros for the unexploited gas once the contract expires at the end of 2015, according to the Prime Minister Viktor Orban.
read more... 19/02/2015