Wed, 18 May 2011: Energy leads talks…

The Baltic States’ prime ministers, who met last weekend in Tallinn, have not yet reached an agreement, though, on whether and where to build one big liquefied natural gas terminal in the Ba...

Wed, 23 Mar 2011: LNG terminal location still a tossup…

These include an ice-free port, the geographic position of the city and the Ventspils Port’s experience of handling and storing liquefied gas. Lembergs said he was surprised at the plans to ...

Thu, 6 Jan 2011: Klaipeda signs reconstruction contract…

9, reports news agency LETA. The agreement provides reconstruction of the southern 90-meter long part of the piers No. 8 and reconstruction of piers No. 9 in Klaipeda port. The cost of the work i...

Wed, 22 Sep 2010: Nationalism may delay LNG project…

The terminal will have a capacity of up to 3 billion cubic meters a year. That is 500 million cubic meters more than the country’s demand last year, according to BP Plc. In July, Lithuania&...

Wed, 28 Jul 2010: Russia lacking in environmental safeguards…

Petersburg and the St. Petersburg Center for Ecological Initiatives. The first such rally took place in 1999, and it has been an annual event ever since. The ride began in St. Petersburg and then...

Wed, 10 Jun 2009: Mass layoffs for construction companies…

The last few years saw a huge growth in demand 's especially in apartments and commercial properties, offices and warehouses. After the financial crisis hit the banks, they stopped financing," he ...

Wed, 13 Feb 2008: PKN Orlen says Liepaja is as attractive as Klaipeda for a new pipeline…

The Poles want to build a product pipeline linking Mazeikiai, where the refinery is based, to the terminal, which would enable the company to boost exports of high-end fuel products. Lithuania's ...

Wed, 12 Sep 2007: Mazeikiu, Klaipeda to be linked…

The tanker-delivered crude is more expensive than oil pumped through pipelines, and the refinery has seen its profitability nosedive. "We understand that our proposal to invest our capital in Kla...

Wed, 18 Oct 2006: Klaipeda Oil terminal cuts scale of operations…

16, he said. Products produced at Mazeikiu Nafta comprise over 80 percent of total handling at the terminal. Ausra refused to comment when asked whether Mazeikiu Nafta would continue exports via t...

Wed, 31 Aug 2005: Ultra-mall poised to raise equity capital…

Vilniaus Akropolis controls Akropolis malls in Vilnius, Kaunas and Klaipeda. In Latvia, it controls Rigas Akropole subsidiary and has daughter companies in Romania and Bulgaria.Last year it posted...

Wed, 27 Jul 2005: Construction firm denied contract rights…

The bank opted for even harsher sanctions for Hidrostatyba, a Gargzdai-based building company stripped of the liberty to sign contracts for World Bank-funded projects for a three-year period until...

Wed, 20 Apr 2005: Banks extend whopping loan to Kaunas mega-mall…

The Hansabank Group will extend some 340 million litas, while Nordea Bank Lietuva will loan some 219 million litas, and the Sampo Group about 81.3 million litas. Vilniaus Akropolis will add the sy...

Wed, 30 Mar 2005: New facility for plant-based chemical company…

Arunas Jarmolavicius, investment director at Linas ir Viza, said methyl ester would be exported from the port of Klaipeda to other European countries. Rape methyl ester is used to produce biofuel,...

Thu, 6 Jan 2005: Cargo handling down at ports…

Eleven-month cargo turnover in Estonia's ports was 42.4 million tons, down 2.1 percent from the same period in 2003, while Lithuania's ports handled 25.4 million tons, or 13.2 percent less, cargo ...

Thu, 5 Aug 1999: U.S. company becomes new distributor…

Mathot, director of Cargill's global fertilizer operations, said the company will oversee the production quality and distribution of the Lithuanian company's products but will not interfere in its...

Thu, 22 Jul 1999: Klaipeda FEZ: almost ready to roll…

Big-name companies have been trickling in since Lithuania re-established its independence. Tobacco giant Philip Morris has already thrown $60 million into a cigarette producing plant while Master ...

Thu, 22 Jul 1999: Summed up…

The construction of the hotel will be financed by an international syndicate loan. LITHUANIA WANTS TO ATTRACT TRANSIT: Lithuania intends to liberalize customs procedures hoping to retrieve transit...

Thu, 5 Nov 1998: Free port status proposed for Klaipeda …

Upon being brought into the zone, goods would not need to be declared and submitted to customs to carry out formalities, and inventory could be carried out on the basis of transportation documents...

Thu, 27 Aug 1998: Klaipeda development center founded…

One of the center's functions will be to save money allocated for management, the deputy director general of Klaipeda FTZ Managing Company, Judita Simonaviciute said.The center will have its offic...

Thu, 13 Aug 1998: Privatization row further strains Lithuanian-Latvian relationship…

"However, as doubts about our reliability surfaced only when the privatization competition finished shows that political powers appeared, and that disturbs us. Someone doesn't seem to be receptive...
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