Government invests in LNG

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Government invests in LNG

Nov 12, 2008
By TBT staff

LAND HO: Gas from all over the world will come to Lithuania via the Baltic Sea

VILNIUS - The government has said that it would transfer its 17.7 percent stake in Lietuvos Dujos (Lithuanian Gas – LG) to the company to set up and operate a planned liquefied natural gas import (LNG) terminal as the state’s contribution to its capital investment. The Cabinet was expected to approve a decision to increase the authorized share capital of Gamtiniu Duju Terminalas (Liquid Gas Terminal - LGT) as The Baltic Times went to press. They were set to contribute 83,030,367 shares of LG, a ...

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