marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Lithuania Appoints Oil Terminal Firm CEO as Energy Minister

September 22, 2014

Lithuania President Dalia Grybauskaite has appointed the chief executive of oil terminal company Klaipedos Nafta as the country's energy minister, the president's office said on Monday.

Rokas Masiulis, 45, replaces Jaroslav Neverovic who was dismissed in August amid disagreements with Prime Minister Algirdas Butkevicius over appointment of a deputy energy minister.

Majority state-owned Klaipedos Nafta operates an oil import-export terminal and is building a liquefied natural gas (LNG) terminal which is expected to open in December.

The LNG terminal is a part of the Baltic state's efforts to reduce its energy dependence on its former Soviet master, Russia, which currently supplies all of the country's natural gas.

(Reporting by Andrius Sytas, writing by Nerijus Adomaitis; editing by Jason Neely)

Logistics News

Aurrigo Deploys Autonomous Electric Shuttle at Portsmouth International Port

Aurrigo Deploys Autonomous Electric Shuttle at Portsmouth International Port

Atlas Copco Gas and Process Expands Facilities in South Korea, New York

Atlas Copco Gas and Process Expands Facilities in South Korea, New York

Baltic Index Holds Third Weekly Gain

Baltic Index Holds Third Weekly Gain

CM Energy Contributes to ASSO Cable Lay Project

CM Energy Contributes to ASSO Cable Lay Project

Subscribe for Maritime Logistics Professional E‑News

Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Canada fast tracks oil pipeline to diversify economy and divert away from US
Maguire: The cement boom in Africa signals the next big shift in global energy usage.