Lithuania breaks Gazprom’s monopoly by signing first LNG deal

EurActiv reported on the 21 August 2014 that Litgas, the gas trading arm of the state energy holding company Lietuvos Energija (Lithuanian Energy), and Norway's Statoil signed a five-year liquefied natural gas (LNG) supply deal preliminary valued at 2.5 billion to 3 billion litas (EUR 725-870m).

• Primary Source

DELFIE: The Lithuanian Tribute: Lithuania: Energy, 21.08.14: Lithuania signs 5-year LNG supply deal with Statoil http://en.delfi.lt/lithuania/energy/lithuania-signs-5-year-lng-supply-deal-with-statoil.d?id=65614340

EurActiv, 15.11.11: Baltic countries ask EU to solve LNG terminal row http://www.euractiv.com/energy/baltic-countries-ask-eu-solve-ln-news-508935

ESO: Background information: State aid: Commission authorises €448 million aid for construction of Lithuanian LNG terminal http://www.europeansources.info/record/press-release-state-aid-commission-authorises-e448-million-aid-for-construction-of-lithuanian-lng-terminal/

ESO: Background information: Russia threatens Europe with higher energy prices http://www.europeansources.info/record/russia-threatens-europe-with-higher-energy-prices-putin-calls-for-retaliatory-sanctions-with-eu-airlines-potential-targets/

EurActiv, 22.08.14: Greece asks EU to develop LNG backup plan http://www.euractiv.com/sections/energy/greece-asks-eu-develop-lng-backup-plan-307910

EurActiv, 22.08.14: Lithuania, Poland ask EU to fund gas link http://www.euractiv.com/sections/energy/lithuania-poland-ask-eu-fund-gas-link-307895

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