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    The Baltic Course: Lithuania Doesn't Consider Terminating LNG Supply Contract With Statoil

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Summary

Lithuanian Energy Minister Rokas Masiulis has said that, despite falling gas consumption, Lithuania has no plans to cancel a Statoil gas contract

by: Erica Mills

Posted in:

Press Notes

The Baltic Course: Lithuania Doesn't Consider Terminating LNG Supply Contract With Statoil

Amid falling gas consumption, Lithuania is not considering, at least for now, terminating a gas supply contract signed with Norway's Statoil in August 2014, Energy Minister Rokas Masiulis said on November 11st, informs LETA/BNS. 

"I think we won't need to (terminate the contract with Statoil). That is not an issue on the table at the moment," he told members of the parliament's Committee on Economics during a discussion on Klaipeda LNG terminal maintenance model.

Read the full article HERE.