Today: august 1, saturday
Visited from 2012 03 01:1377334
Today visited:560
The European Commission and European Union (EU) member states have approved financial support in the amount of 27.4 million euros for the LitPol Link power interconnection between Lithuania and Poland. The project will be financed under the Connecting Europe Facility (CEF), an instrument for funding European infrastructure networks development.
Natural gas supply and trading company LITGAS, part of Lithuania’s state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius, Lithuania regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services.
Litgrid, the Lithuanian electricity transmission system operator, has prepared and submitted to the National Control Commission for Prices and Energy Ten-Year Network Development Plan for 2015 – 2024. The document is updated on an annual basis and includes all critical equipment used within the power generation and transmission infrastructure to ensure national electricity demand.      
On June 29–30, Lithuanian Energy Minister Rokas Masiulis as part of a Lithuanian delegation is visiting Croatia. Mr Masiulis met with Croatian Economy Minister Ivan Vrdoljak and took part in a Lithuanian-Croatian energy security forum. Croatia currently is particularly concerned about enhancing its energy security as the country imports more than half of its energy resources.
On June 11 the Capacity allocation and congestion management network code (CACM) was presented to the members of the inter-institutional workgroup on the implementation of network codes. This EU legal act will define the main guidelines on electric infrastructure management ensuring the optimal operation of the electric power market in Europe.

The international acclaim that Lithuanian energy specialists have won for their expertise and competence is no longer limited to words alone – it is now bringing in contracts and real actions. AB Klaipėdos Nafta has signed an agreement under which the Lithuanian company will help implement a liquefied natural gas (LNG) terminal project in Colombia. This is the first agreement of its kind in the Lithuanian energy sector.
Minister of Energy  of the Republic of Lithuania
Minister of Energy
of the Republic of Lithuania