EconomyA large LNG bunker vessel, Neptune, is scheduled to arrive in Lithuania's port of Klaipeda on Sunday night and is believed to be brining a LNG shipment from French company Total for Lietuvos Energijos Tiekimas (LET), a subsidiary of the state-owned energy group Lietuvos Energija. Achemos Grupe, the largest minority shareholder of the state-controlled energy terminals operator Klaipedos Nafta (Klaipeda Oil), has turned to the Lithuanian president, the prime minister and the European Commission over plans to transfer the company's liquefied natural gas business to a subsidiary. Viciunu Grupe (Viciunai Group), a business group controlled by Visvaldas Matijosaitis, mayor of Lithuania's second-largest city of Kaunas, has established a sales company, Vichiunai Sakartvelo, in the Georgian capital. Bank of Lithuania together with central banks of Germany and Poland implemented EU Twinning Project in Belarus2019-07-17, 12:21The central banks of three EU countries – Lithuania, Poland and Germany successfully implemented the EU Twinning Project ‘Strengthening the National Bank of the Republic of Belarus’ during which they conveyed their experience to the National Bank of the Republic of Belarus. The closing conference held today in Minsk brought this 18-month project to a close and showcased its achievements. Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) and its cargo subsidiary LG Cargo posted 226.7 mln euros in revenue in January-June, up 2.3% from 221.7 mln euros last year, based on preliminary figures. Cargo volumes in the Lithuanian seaport of Klaipeda rose 6.4% to 23.6 mln tons in the first half of this year, from the same period las year. The Nordic Investment Bank has issued a loan of 145 million euros to Klaipedos Nafta, the operator of the LNG terminal in Lithuania, the country's energy minister announced on Friday amid Lithuania's plans to reduce the terminal's maintenance costs and provide guarantees to multimillion loans. In recent years the average vacancy rate for offices in Vilnius has been about 3%, one of the lowest rates in Europe. The indicator’s remaining stably low for some time has led more and more real estate developers to focus on office expansion in Vilnius, and that means free office space in the Lithuanian capital will grow. The Bank of Lithuania and Statistics Lithuania announce that in I quarter 2019, exports of services amounted to EUR 2.5 bn, a y-o-y increase of 19.2%, imports of services – EUR 1.4 bn and 14.6% respectively. The surplus on the balance of services amounted to EUR 1.0 bn or 9.6% of GDP, an annual increase of 26.6%. Lithuania's LNG terminal in the western port of Klaipeda has reported records results for June as about 2.4 TWh of natural gas were regasified and submitted to the natural gas transmission system, which was almost 200% more than in Jun, 2018 (0.8 TWh). |
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