Baltic States – CIS, Energy, EU – Baltic States, Gas, Legislation, Lithuania

The National Control Commission for Prices and Energy got a right to prolong the term during which Lietuvos Dujos will have to design a plan of actions. The term might be prolonged until May, 31, 2012, writes LETA/ELTA.

Minister of Energy Arvydas Sekmokas said that changes to the implementation were necessary due to factual circumstances. One of them is the fact that Russian gas giant Gazprom applied the United Nations core legal body in commercial law UNCITRAL in order to protect its investment.

Another factual change is that the representatives of the Lietuvos Dujos shareholders' board – Gazprom and E.ON Ruhrgas agreed on changing principles of a plan on unbundling ownership.

"Given these two circumstances as well as the fact that the government keeps its positions agreed with Gazprom on February 28, the government made a decision (&)," Sekmokas said.