Energy, Gas, Investments, Legislation, Lithuania, USA

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 15:15

Several American companies interested in shale gas extraction in Lithuania

BC, Vilnius, 11.11.2014.Print version
Several companies from the United States are interested in possibilities to explore and extract shale gas in Lithuania, confirmed Lithuanian Prime Minister Algirdas Butkevicius, cites LETA/ELTA.

"Yes, I even have letters from some of these companies from the US. They intend to arrive for talks," he said on Tuesday morning on the national radio.

 

Butkevicius showed his political will to complete the creation of legal framework necessary for exploration and extraction of shale gas by the end of this year and to announce a relevant tender.

 

"Obviously, as the prime minister, I cannot promise these companies to create conditions for their exploration and extraction operations. But I can promise to make sure that all laws related to shale gas exploration and extraction are passed this year and invitations to a public international tender are sent out," he said.

 

As reported, the prime minister talked to potential investors in early October during his official visit to the United States.






Search site