Experts of Lithuania and Gazprom gas giant have concluded the talks on fixing the future price of Russian natural gas for Lithuania, Yaroslavas Neverovicius, and the Lithuanian Minister of Energy, said in a broadcast of Zinju Radijas radio station on Tuesday.
“The experts have completed their work,” Neverovicius said. “It’s time for decision-making for our partners,” he noted. The minister heading the Lithuanian expert group expressed the hope that the gas price would be “rationalized.” The liquefied natural gas terminal which must go into operation in late 2014 is an extra argument for lowering the gas price, Neverovicius said.
Lithuania pays to Gazprom about 500 dollars per 1,000 cubic metres of natural gas, a higher price than Latvia, Estonia and many European countries pay. Lithuania has no alternative to Russian gas supplies, as its gas networks are integrated only in the easterly direction. So Lithuania is building the LNG- terminal in the port of Klaipeda to diversify raw gas supplies.
