Lithuania asks Gazprom for concessions

The largest Lithuanian importer of Russian gas Lietuvos dujos brings forward strict requirements on the new contract with Gazprom. The company insists on the reconsideration of the pricing formula and a reduction of obligatory purchases. Currently the price of Gazprom for Lithuania is one of the highest in Europe, though the monopoly has already offered Lietuvos dujos a 20% discount. At the same time, in 2014 Lithuania can put into operation an LNG acceptance terminal which can reduce its dependence on Russia.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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