Several companies from the United States are interested in possibilities to explore and extract shale gas in Lithuania, confirmed Lithuanian Prime Minister Algirdas Butkevičius.
Algirdas Butkevičius
© DELFI / Kiril Čachovskij

"Yes, I even have letters from some of these companies from the US. They intend to come for talks," he said on Tuesday morning on the national radio.

Butkevičius' government has pledged to put in place necessary legislation announce a call for tenders from interested companies.

"Obviously, as the prime minister, I cannot promise to these companies to create conditions for their exploration and extraction operations. But I can promise to make sure that all laws related to shale gas exploration and extraction are passed this year and invitations to a public international tender are sent out," he said.

As reported, the prime minister talked to potential investors in early October during his official visit to the United States.

It is forbidden to copy the text of this publication without a written permission from ELTA.

Vilnius Airport waits for make over: 130 mln eur to be invested

Around 130 million euros will be invested into the expansion and reconstruction of Lithuania's largest...

Payment company Paysera cancels its STO

Lithuanian-owned payment services company Paysera has canceled its security tokens offering (STO),...

Baltic clothes retailer overhauling its chain

Apranga , the Baltics' leading clothing retailer, is overhauling its retail chain to improve the...

New proposal aims to unlock ‘black box' of the agri-food supply chain

Having banned unfair trading practices and improved producer cooperation, the European Commission...

Fighting cyber security threats: list of secure network's users approved

The Lithuanian government approved on Wednesday a list of institutions and organizations that will...