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Country summary: Lithuania

energy-pedia opportunities - Lithuania:
Current deals: 0
Licensing articles: 5
Completed deals: 1

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Lithuania - recent news

23 Sep 15
Lithuania: Tethys Oil announces successful exploration well onshore Lithuania
Tethys Oil reports that the drilling of the Tidikas-1 exploration well on the Raseiniai licence onshore Lithuania has been successfully completed. The well encountered a combined oil column of almost 50 metres in two different limestone formations and flowed oil to surface during drill stem tests.
05 Jul 15
Lithuania: LITGAS and Statoil prepare joint venture to enter the Baltic Sea small scale LNG market
Natural gas supply and trading company LITGAS, part of Lithuania’s state owned energy holding Lietuvos Energija, and Statoil signed a MoU on Thursday regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services.
16 Jun 15
Lithuania: Tethys Oil commences Lithuanian drilling programme
Tethys Oil has commenced a three well drilling programme on the Raseiniai licence, onshore Lithuania. The wells are targeting Silurian reefs mapped by an 80 sq km 3D seismic study completed in 2014 and proven by the Lapgiriai-1 exploration well, drilled in 2013, which encountered oil.
20 Apr 15
Lithuania: Gripen Oil & Gas submits applications for four licences offshore Lithuania
Gripen Oil & Gas has submitted applications for four offshore licences covering an area of approx. 4,250 km2. The applications form part of the company’s strategy to expand activities in the Baltic region, building on its expertise in Lower Paleozoic petroleum systems.
01 Mar 15
Lithuania signs non-binding deal for U.S. LNG
Lithuanian liquefied natural gas (LNG) importer Litgas has signed a non-binding agreement to purchase LNG from the United States' first export terminal, the company said on Saturday.

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