EU wants to examine Gazprom contracts including Nord Stream 2
the Lithuania Tribune
Wednesday, February 3, 2016
The EU wants to examine the contracts which Gazprom has signed with European companies including in Lithuania, amid suspicions that the Russian state energy company has imposed unfair prices which breach EU rules, a German newspaper has reported.
The EU is seeking new powers to vet gas contracts between Russia and EU countries like Lithuania and the Baltic States before they are signed in an effort to curb the influence of Gazprom on European Union gas markets.
Russia's gas behemoth Gazprom will have to be more flexible in order to sell gas in Lithuania, Energy Minister Rokas Masiulis said on Tuesday, commenting on a liquefied natural gas (LNG) purchase deal reached between Achema, the country's largest gas consumer, and Norway's Statoil.
Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway's Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda.