Ecology, Energy, EU – Baltic States, Legislation, Lithuania

"Clearly, it is a victory of those who opposed shale gas extraction and I welcome it. I also agree that such technology in a small country like Lithuania is unacceptable. We can see what is going on in other European Union countries, widespread fracturing is taking place and chemicals get into deep layers of ground. Meanwhile, so fare shale gas deposits have been found only in Britain, there are none elsewhere," Sysas told the radio Ziniu Radijas.

"Even today fresh water is a much more expensive product and is price will only rise. So, I think we benefit because fracturing has not started in Lithuania and chemicals are not poured into earth," the politician said.

As reported, Chevron has withdrawn from Lithuania and closed its office in Vilnius. On its website the company informed to have sold 50% of Lithuanian petroleum company LL Investicijos shares which it acquired in 2013 for LTL 57.8 million (EUR 16.7 million).

After Chevron withdrew from shale gas extraction tender in 2013 and as the situation did not improve, the company's activities in Lithuania were concluded.

Prime Minister Algirdas Butkevicius last year reassured that the company would not leave Lithuania.