Lithuania – Freedom from Russian Gas

Lesson Brief ЛiГА.Новости
The first domino may have fallen. Lithuania's ten-year gas contract with Gazprom expires at the end of 2015, and the the Baltic nation is strongly considering not signing another. Lithuania has signed a five-year contract with Norway's Statoil, which will provide just over half of the country's gas in liquefied form. Lithuania also has the option on the table to sign another contract with an American LNG shipping company to make up more of the supply. This set features some must know vocabulary words relating to the oil/gas sector and economics.
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