Lithuania suggests abandonment of suits and long-term agreement in exchange for cheap gas from Gazprom
Edited by Rhod Mackenzie / 2013-08-06 06:05:29
Lithuania may abandon of proceedings, regarding the company Lietuvos dujos and an investigation into activities of its management, and the suit at the cost of 5 billion litas at the Stockholm Arbitration Court.
According to BNS, Lithuania will also sign a new long-term agreement on gas purchases for a period from 2013 to 2020 depending on an amount of the discount, while the gas transit to Kaliningrad will be a subject to a separate agreement.
The 5 billion litas it has sued for, Lithuania may get from Gazprom via the discount on gas in the future.
