Market Overview

Research and Markets: Lithuania Energy Report: Gas Supply Security to Benefit from the Klaipeda LNG Terminal, Planned For 2014

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DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/k588ns/lithuania_energy) has announced the addition of the "Lithuania Energy Report" report to their offering.

This report provides updated facts and figures on the evolution of the national energy market. For the oil, gas, coal and power markets, the report details the market organization, institutions regulating the market, and energy policy of the country. Energy companies active on the market are analyzed. Domestic production, capacities, exchanges, consumption by sector and market shares are provided. Energy prices levels and taxes are described. Finally, the driving issues, and the market prospects are proposed.

HIGHLIGHTS IN LITHUANIA

Lithuania is investing massively in new gas and power projects, in an attempt to reduce its energy dependency on gas imports from Gazprom and to better integrate the European market. The power capacity will be boosted by the Visaginas nuclear power project (by 2020), a new CCGT power plant (2012) and many biomass-fired CHP projects, while power interconnections are under development with Poland and Sweden.

Meanwhile, Europe is struggling to recover after the economical and financial crisis. Despite a 0.8% recovery in 2010, primary energy production fell again by 3% in 2011, in line with the 2.5% decrease in primary energy consumption. This noticeable drop in energy demand contributed to the 4.8% contraction in the energy consumption per unit of GDP (now 37% below the world average).

Companies Mentioned

PLN

Pertamina

Pt Caltex Pacific Indonesia (CPI)

Energi Mega Persada (EMP)

Total

Gas Negara (Pt PGN)

Transgasindo

PTBA (Pt Tambang Batubara Bukit Asam)

Adaro,

KPC

For more information visit http://www.researchandmarkets.com/research/k588ns/lithuania_energy

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources

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