Lithuania: LNG terminal turns seven

Seven years ago, the liquefied natural gas (LNG) floating storage terminal, Independence, pulled into the Lithuanian port of Klaipeda. The terminal is crucial for Lithuania’s energy security, experts say. During the first nine months of 2021, Independence has been the main source of natural gas imports to Lithuania – more than 65% of gas reached…

Lithuania: economy up in January-September 2021

Lithuania’s gross domestic product (GDP) grew by 5.2% YoY in January-September, slightly exceeding earlier expectations of the country’s central bank. According to data released by Statistics Lithuania, the country’s economic activity over the first three quarters of 2021 totaled 40.5 billion euros, up by 5.2%. The economy got a positive boost from industrial production, wholesale…