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Thursday, 02.10.2014, 13:26
Lithuanian Prime Minister Algirdas Butkevicius is convinced that Lithuania will find alternative investors as the energy giant Chevron has dropped its intentions to invest in the Lithuanian shale gas sector, reports LETA/ELTA.
Keyword tags: Energy, Gas, Legislation, Lithuania, Taxation
Several U.S. gas industry companies are willing to offer EUR 175 million for Latvijas Gaze shares, reports LETA/Nozare.lv, referring to the portal Pietiek.com.
The European Commission decided not to support Alexela Energia and Finnish energy company Gasum joint projects for building liquefied natural gas, or LNG terminals along the Gulf of Finland; both companies announced that they will continue with the terminal building plan, searching for other solutions, LETA/Public Broadcasting reports.
On Wednesday, Prime Minister Algirdas Butkevicius visited Klaipeda where he attended a meeting of the Commission for the Liquefied Natural Gas (LNG) terminal project and inspected the progress on the construction, informs LETA/ELTA.
The negotiations of Finnish, Estonian and the European Commission representatives in Tallinn on Tuesday over the construction of a LNG terminal along the Gulf of Finland reached an impasse, Äripäev.ee/LETA cite Finnish newspaper Helsingin Sanomat.
Lithuanian Government has approved of the updated regulations of the Hydrocarbon Resource Usage Competition, drafted by the Ministry of Environment, reports LETA/ELTA.
On Friday, the transaction was completed, which made AS Alexela Energia the sole owner of AS Gasum Eesti, LETA/Delfi reports.