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

Vietnamese Imports From China and Export to US Reach Record High

Vietnamese Imports From China and Export to US Reach Record High

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

Subscribe for Maritime Logistics Professional E‑News

Eight migrants believed lost at sea are found alive in Southern California
South Korea's NOFI purchased about 66,000 T of corn in a private deal, traders claim
Trump to host DP World Tour Scottish Championship