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Norway ready to become Lithuania’s top gas supplier in 2016

11 Feb 2016

Lithuania will import more gas from Norway this year as the country looks to decrease its dependence on Russia.

For many years, Russia’s Gazprom was Lithuania's sole supplier of gas and enjoyed a supply monopoly in the region until 2014 when Lithuania opened a floating LNG import terminal.

The number of LNG imports to Lithuania are forecasted to triple this year, due to the recent confirmation of two new importer deals. These new deals are expected to lead to an increase in supplies through LNG terminal of more than 1 billion cubic metres. 

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