Friday, August 29, 2014

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News - Lithuania

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Aftermath of Ukraine Crisis: What Shale Europe Do?

Britain took Russia’s annexation of Crimea as a serious sign. A report recently published by the House of Lords stated that exploration and development of the country’s shale gas and oil resources is “an urgent national priority.” Prime Minister David Cameron had announced...

Baltic States’ Contributions to Gazprom-Alternative Pipeline Redistributed

The European Union’s Agency for the Cooperation of Energy Regulators (ACER) has redistributed the costs among the countries that have nodded to participation in the construction of a Gazprom-alternative gas pipeline, stretching through Poland and Lithuania. For example, Latvia will now...

Conundrum for Baltics: Will Russia Cut off Gas Supply in Retaliation?

Amid Russian embargo in retaliation of the EU and US sanctions against Russia in the wake of a downing Malaysian airliner, part of the Baltics’ political highest echelons are increasingly worried that the jarred Eastern neighbor can resort to killer-measures against the Baltics,  which would...

Shale Revolution & the "Double Whammy"

At the Energy Security Summit 2014 in Berlin, Germany, Udo Niehage, Senior Vice President, Head of Government Affairs Berlin and Company Representative for the German Energy Transition, Siemens AG, introduced the session dedicated to “New Energy Markets and Security of Supply,” noting that...

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