aA
The Lithuanian government is preparing for a possible dispute with Belarus' pipeline construction company Beltruboprovodstroy which has filed a 10-million-euro claim after being removed from the bidding for a Gas Interconnector Poland-Lithuania (GIPL) contract due to national security concerns.
Lenkija ir Danija sutarė dėl dujotiekio „Baltic Pipe“ tiesimo
Lenkija ir Danija sutarė dėl dujotiekio „Baltic Pipe“ tiesimo
© Reuters / Scanpix

The Belarusian company bid jointly with Kaunas-based KRS.

According to a draft government resolution that the Cabinet is to discuss next Wednesday, the Energy Ministry asks to be authorized to represent the state in potential disputes against Beltruboprovodstroj in Lithuania and abroad.

The ministry says in its note that Beltruboprovodstroy claims 10.215 million euros from the Lithuanian government in compensation for a violation of its investor rights.

Aurelija Vernickaite, an advisor to Energy Minister Zygimantas Vaiciunas, confirmed to BNS that "a 10-million-euro claim has been submitted to Lithuania over possible investor right violations and compensation for damage".

Once the ministry receives the authorization, "a legal assessment of the claim will be performed", she said.

Based on information available to BNS, the parties can still reach an amicable agreement.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

Avalanche of ideas developed in 'Hack the Crisis' hackathon

One of the most important tasks for hackathon organizers was to identify the most pressing issues,...

Lithuania and some other EU countries ask for Mobility Package postponement

Lithuania and "like-minded" EU member states are urging the bloc's bodies to postpone the...

Oro Navigacija sees further 50 pct drop in workload after Russia halts flights

The chief executive officer of Lithuania's state-owned air navigation service provider Oro...

Intersurgical to produce 1 million respirators for medics

Intersurgical, a Lithuanian designer, manufacturer and supplier of a wide range of high quality...

Top news

8th death in Lituania due to coronavirus

On Tuesday it was announced about another death of a patient with the novel coronavirus .

Coronavirus pandemic: 537 cases in Lithuania

On Tuesday, 30th March, 46 new COVID-19 cases were confirmed in Lithuania. In total there were 537...

The Roop gets place in final in next year Eurovision selection

Lithuania will hold a national Eurovision selection next year, and this year's winner The Roop, a...

27 severe coronavirus cases in country

Lithuania currently has 27 severe COVID-19 cases and the coronavirus outbreak has not yet peaked,...

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

|Maža didelių žinių kaina