OREANDA-NEWS.  February 07, 2012. Today Vilnius hosted a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Andrius Kubilius, Prime Minister of the Republic of Lithuania.

The meeting addressed the issues regarding the application of the Third Energy Package provisions to Lietuvos Dujos, the safety of gas transit across Lithuania as well as the regional gas transmission system development.

In addition, the parties discussed natural gas pricing in Europe and the Baltic region.

Following the meeting, the parties agreed to hold a new meeting soon as well as to formulate a detailed list of issues of concern and to elaborate the Roadmap on cooperation in the gas sector.
Background

Natural gas is exported to the Republic of Lithuania under long-term agreements effective through to 2015.

Lithuania was supplied with around 3.4 billion cubic meters of natural gas in 2011.

Lietuvos Dujos deals with gas purchase, transmission and distribution in the Republic of Lithuania as well as with Russian gas transit to the Kaliningrad Oblast. Gazprom holds a 37 per cent stake in the company.