Today the Republic of Lithuania is filing a claim against Gazprom under the Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce.  The dispute relates to an overpayment of LTL 5 billion (EUR 1.45 billion) for the gas supplied by Gazprom under the relevant agreements.

On 14 September 2012 Ministry of Energy of the Republic of Lithuania (supported by the European Commission and the Baltic Assembly), organized the second BEMIP Regional Conference “Baltic Energy Market Interconnection Plan: towards integrated and sustainable energy region”, which took place in Vilnius City Hall.

13th of September, Mr. Günther Oettinger, European Commissioner for Energy, discussed the progress of the regional Visaginas Nuclear Power Plant project with the CEOs of project investors - Estonian, Latvian and Lithuanian utilities Eesti Energia, Latvenergo and VAE and the vice-president of the strategic investor and technology provider...

Ministry of Energy of the Republic of Lithuania (supported by the European Commission and the Baltic Assembly), is organizing the second BEMIP Regional Conference “Baltic Energy Market Interconnection Plan: towards integrated and sustainable energy region”, which will take place on 14 September 2012 in Vilnius City Hall.

On September 13-14th, Member of the European Commission responsible for energy, Mr Günther Oettinger, will visit Vilnius at the invitation of Minister of Energy, Mr Arvydas Sekmokas. The main purpose of the visit is to discuss the progress of Lithuania's integration into the European Union's energy systems and the common actions in removing the Baltic...

The European Commission has started formal investigation of Gazprom monopoly action. The probe includes three potentially anti-competitive practices in Central and Eastern Europe.

In the night of August 1, Kaliningrad's power system had a tests on isolated power system work. These tests are conducted to evaluate power system‘s readiness to work after being disconnected from the neighboring systems or its preparation to work on the "island mode".

Stockholm Arbitration made a decision according the Gazprom’s claim against the Republic of Lithuania. The final decision of arbitral tribunal has confirmed the right for Lithuanian Government to initiate an investigation concerning “Lietuvos dujos” activities in the Vilnius District Court....

The Government adopted a resolution thereby approving actions necessary to conclude separation of activities of transmission of electricity from its generation and supply. Pursuant to the Government’s resolution, provisions of the Law on Energy of the Republic of Lithuania are being implemented in order to transpose the...

In less than 3 years Lithuania managed not only to adopt EU energy policy rules, but also to successfully adapt them while seeking main purpose of the country – to become a fully-fledged member of European energy market.

An open international tender for shale gas exploration and production in Lithuania was launched on June 25th. Shale gas could become a realistic and economically competitive alternative to natural gas supplied by Gazprom, now the sole gas supplier.

Today Seimas of the Republic of Lithuania has agreed to the renewed National Strategy of Energy Independence, thereby setting key objectives for the Lithuanian energy sector for the period leading up to 2020 and outlining the vision of the energy sector up until 2050.