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Gazprom may become a co-owner of Lithuania’s gas transporting system

February 09, 2012, 15:32 UTC+3
Lithuania suggests to Gazprom to become “a financial investor” of the company operating gas routes of the country, however without a right to have a casting vote
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VILNIUS, February 9 (Itar-Tass) — Russia’s Gazprom may become a co-owner of a gas transporting company, which will be organised in Lithuania in the framework of the anti-monopoly requirements of the European Union, Lithuania’s Prime Minister Andrus Kubilius said in an interview with the Ziniu Radijas radio station on Thursday.

“Gazprom will remain an important strategic partner /of Lithuania/. Besides, we realise the natural concern of the Russian company about transit of gas to the Kaliningrad region,” he said. Under certain conditions, Lithuania suggests to Gazprom to become “a financial investor” of the company operating gas routes of the country, however without a right to have a casting vote. “I have handed the letter concerning this matter to Gazprom’s Deputy CEO Alexander Medvedev.”

On Tuesday, Kubilius and Medvedev had a meeting in Vilnius. Following the meeting, the Russian company said that within a month Gazprom expects to receive  from the government of Lithuania a full list of problematic issues related to implementation of the EU Third Energy Packet, which covers restructuring of Lithuania’s gas facilities, security of gas transit via the territory of Lithuania as well as development of the republic’s gas transporting system.

 

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