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Chasing Success, Poland and Lithuania Mull New Energy Projects

Chasing Success, Poland and Lithuania Mull New Energy Projects Publication: Eurasia Daily Monitor Volume: 18 Issue: 111 (Source: Wikimedia Commons) On July 1, Lithuanian Energy Minister Dainius Kreivys paid a visit to Mazeikiai oil refinery (the only refinery in the Baltic States; fully owned by the Polish oil and natural gas major PKN ORLEN) to meet with ORLEN management. The parties signed a letter of intent, confirming their willingness to cooperate on the planned “Bottom of the Barrel” investment project within the refinery (the project is expected to be the largest such investment in the history of Lithuania) (Orlenlietuva.lt, July 1). Furthermore, that same day, Minister Kreivys backed the idea of developing joint, transboundary offshore wind farms between Lithuania and Poland (15min.lt, July 1). Such initiatives and objectives illustrate that Polish-Lithuanian energy cooperation is functioning well, and both countries are still looking for new fields of bilateral sector

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