Today the Agreement on the main conditions of the Concession Agreement of Visaginas nuclear power plant (NPP) has been signed in the Government. The Agreement has been signed by Žygimantas Vaičiūnas, the Head of Concession Tender Commission and the Vice-minister of Energy, and Masaharu Hanyu, the Vice-president of Strategic investor Hitachi, Ltd.

Works, needed for preparation of the Concession agreement between the Ministry of Energy and the strategic investor into the Visaginas (NPP) "Hitachi“, were concluded successfully. The engineering preparation works were started in July and the specialists of „Hitachi“ and JSC „Visagino atominė elektrinė“ have completed them within this year, just as it had been planned. The development and results of these works have been under constant review of the experts delegated by the regional partners. 

On the 9th of December, Visagino atominė elektrinė, UAB (VAE) have signed the contract with the world’s leader in nuclear industry “Exelon Nuclear Partners, LLC” (ENP). The Company was selected by VAE together with all the regional partners of Visaginas Nuclear Power Plant (NPP) project Estonian, Latvian and Polish energy companies. ENP will be engaged in the project as the Owner‘s Engineer at the current stage of project development.

On 29th of September, Lithuania and Japan has exchanged the diplomatic notes which determine the conditions for nuclear technology transfer.

ORLEN Lietuva and the state-owned Klaipėdos Nafta have signed a new agreement for transshipment of petroleum products. The new contract is based on optimal assessment of mutual needs and will be effective until the end of 2024.

Minister of Energy of the Republic of Lithuania Arvydas Sekmokas with Lithuanian business delegation is currently visiting Israel. Yesterday Mr. Sekmokas had a meeting with Israeli Minister of Industry ,Trade and Labor Shalom Simhon. This was the second meeting of ministers over the past two months – in September, Mr. Sh. Simhon with his delegation visited Vilnius.