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LitPol power link to be employed for electricity trade with Sweden

The LitPol Link electricity interconnection between Poland and Lithuania will be ready to be used for electricity trade between Sweden and Lithuania starting from July 2017.

read more... 19/04/2017

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Gazprom set to regain its share in Lithuania’s gas market in 2017

In the last days of 2016, the biggest Lithuanian gas buyers inked contracts with Russian giant Gazprom which is expected to surpass Norway’s Statoil in terms of the bulk of the country’s gas needs for 2017.

read more... 04/01/2017

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Lithuania restarts fight for 1.4 billion euros compensation from Gazprom

Lithuania initiated a fresh try on Thursday to obtain 1.4 billion euros ($1.57 billion) in damages from Russia's Gazprom in a gas pricing row, requesting a court based in Sweden to upturn an earlier regulation that went against it.

read more... 26/09/2016

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Lithuania, Estonia trimmed gas imports from Russia

Lithuania reduced its imports from Russia by 63.2% in the first quarter of 2016 compared with a year earlier to 255 million cubic meters (mcm), as all major Lithuanian gas importers this year started to purchase gas from Norway's Statoil.

read more... 23/05/2016

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Sweden-Lithuania electricity connection out at least until April 8

An underwater electricity connection between Sweden and Lithuania will be out of service until April 8, longer than previously anticipated, Sweden's power grid operator declared on Thursday.

read more... 25/03/2016

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