SHARE
COPY LINK

RUSSIA

Norway firm to help Lithuania break free of Russian gas reliance

Norwegian company Höegh LNG on Friday signed a deal with Lithuania to build a liquefied natural gas terminal as the Baltic state strives to cut its politically-charged dependence on Russian supplies.

Under the 10-year lease contract, the offshore unit will be delivered by December 2014, the Lithuanian state-owned energy company Klaipedos Nafta said in a statement.

"The floating storage and regasification unit will help Lithuania to reduce its dependency on a single gas supplier and will grant access to international gas markets," said Rokas Masiulis, director general of Klaipedos Nafta.

Under the terms of the contract, Lithuania is to pay up to $156,200 per day during the lease period.

Thereafter Klaipedos Nafta, of which the Lithuania state owns almost 71 percent, will have the right to purchase the unit and operate it itself.

Currently, Russian energy giant Gazprom is Lithuania's only natural gas supplier, via a pipeline across Belarus.

The two sides are locked in a bitter dispute over pricing and Lithuania's moves to bring in EU-piloted gas market reform legislation, which Gazprom claims will harm its business interests.

Lithuania's reliance on Russia for gas is a legacy of its five decades of Soviet rule, which ended in 1991.

The nation of three million joined the European Union and NATO in 2004 and has rocky relations with Moscow.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

RUSSIA

Norway accuses Russia over cyber attack on parliament

Norway's government on Tuesday said that it believes Russia was behind an August cyber attack targeting the email system of the country's parliament.

Norway accuses Russia over cyber attack on parliament
The parliament building in Oslo. File photo: AFP

The attack was detected in August, when Norway announced hackers had attacked the parliament's email system, gaining access to some lawmakers' messages.

“Based on the information the government has, it is our view that Russia is responsible for these activities,” foreign minister Ine Eriksen Søreide said in a statement.

The foreign ministry did not specify what information prompted its conclusions, but encouraged companies to follow guidelines on cyber security.

“This is a very serious incident, affecting our most important democratic institution,” she added.

In its annual threat assessment published in February, Norway's PST domestic intelligence service warned of “computer network operations” which they said represented a “persistent and long-term threat to Norway”.

In 2018, NATO member Norway arrested a Russian national suspected of gathering information on the parliament's internet network, but released him several weeks later due to lack of evidence.

The two countries, which share a common border in the Arctic, have generally enjoyed good relations but those have become strained since Russian annexation of the Crimean peninsula in 2014.

READ ALSO: Norway's parliament attacked by hackers

SHOW COMMENTS