Norteo, firm linked to energy minister, holds no stake in Ignitis – media delfi.lt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delfi.lt Daily Mail and Mail on Sunday newspapers.
Chasing Success, Poland and Lithuania Mull New Energy Projects biznespolska.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznespolska.pl Daily Mail and Mail on Sunday newspapers.
Chasing Success, Poland and Lithuania Mull New Energy Projects
Publication: Eurasia Daily Monitor Volume: 18 Issue: 111
(Source: Wikimedia Commons)
On July 1, Lithuanian Energy Minister Dainius Kreivys paid a visit to Mazeikiai oil refinery (the only refinery in the Baltic States; fully owned by the Polish oil and natural gas major PKN ORLEN) to meet with ORLEN management. The parties signed a letter of intent, confirming their willingness to cooperate on the planned “Bottom of the Barrel” investment project within the refinery (the project is expected to be the largest such investment in the history of Lithuania) (Orlenlietuva.lt, July 1). Furthermore, that same day, Minister Kreivys backed the idea of developing joint, transboundary offshore wind farms between Lithuania and Poland (15min.lt, July 1). Such initiatives and objectives illustrate that Polish-Lithuanian energy cooperation is functioning well, and both countries are still looking for new fields of bilateral sector
Russia s probably testing Kaliningrad s ability to secure gas supplies – experts - BNS THEME 2021-02-09
Photo: commons.wikimedia.org
VILNIUS – As Russian gas giant Gazpom has recently temporarily suspended gas transit to the Russian region of Kaliningrad via Lithuania, citing sufficient gas stocks in a local storage facility, some experts and politicians in Lithuania say this way Russia is testing its enclave s ability to secure gas supplies independently.
Nevertheless, representatives of the ruling block say the decision to suspend transit is geopolitical, adding that it’s a sign for Lithuania that it cannot delay the implementation of strategic energy projects, including the power network synchronization and the GIPL gas interconnection with Poland.