Trending now
Published: 15 october 2013 14:57

Lithuanian government plans to consult Chevron about shale gas

„Reuters“/„Scanpix“ nuotr. / „Chevron“

The Lithuanian government plans to consult Chevron, which has recently withdrawn its bid for shale gas exploration and production rights in the country, but no public information is available at the moment as to when the US energy company's officials might come to Vilnius.

"In continuing the shaping of the legal and regulatory environment for shale gas exploration and production, Chevron should be consulted, because it has experience in this field of operations in foreign countries. We should look at the practice of other states and their legislative framework, and follow mutually beneficial and environment friendly examples," Evelina Butkutė-Lazdauskienė, the prime minister's spokeswoman, told BNS.

"The government is considering having a discussion with Chevron's representatives about this issue. The government chancellor could meet with the company's representatives. However, there's no decision yet as to when that meeting could take place," she added.

According to unofficial information available to BNS, Chevron Exploration & Production Europe CEO Derek Magness is to come to Lithuania in late October.

However, neither the prime minister's spokeswoman, nor Orijana Masale, Chevron's representative in Lithuania, confirmed this information.

Sources have told BNS that Chevron's senior executives may arrive in Lithuania on October 27-29.

"We don't have such information," Masale told BNS.

Environment Minister Valentinas Mazuronis also said that he had no information about a possible visit by Chevron's officials to Lithuania.

"I don't have such information at the moment, because I'm in Luxembourg now. But if they want to meet, I'll gladly meet with them," he told BNS.

Chevron said a week ago that it was pulling out of the shale gas exploration tender, citing "significant changes to the fiscal, legislative and regulatory climate in Lithuania" as the reason.

The US energy giant currently owns a 50 percent stake in LL Investicijos, a local oil company that in late September began drilling a second exploratory well in the village of Medingėnai, in the Rietavas municipality, where it holds a license to explore for and produce hydrocarbons.

Naujienų agentūros BNS informaciją atgaminti visuomenės informavimo priemonėse bei interneto tinklalapiuose be raštiško UAB „BNS“ sutikimo draudžiama.

Report mistake

Successfully sent

Thank you