A possibility to explore and extract shale gas interests several energy companies from the United States, says Prime Minister Algirdas Butkevičius.
Algirdas Butkevičius
© DELFI / Šarūnas Mažeika

"This week I received information that after our visit to the US, there is interest again in the soon to be held tender in Lithuania as well as some other matters," the prime minister told the national radio on Tuesday.

"Other matters", according to the prime minister, include the export of liquefied natural gas from the US. So far only talks on this question have taken place and further details have not been revealed.

As reported, the prime minister looked for investors during his visit to the US last October. He met with members of the association of shale gas extraction. The Seimas, parliament, has decided that shale gas exploration companies will be exempt from tax for extracted raw materials for three years and afterwards will pay a fixed rate of 15 percent.

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

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...

Lithuania changes anti-money laundering tactics

In a change of anti-money laundering tactics, Lithuania's authorities open pre-trial investigations...