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Law No. XIII-1009 amending Law No. XI-2053 “On liquefied natural gas terminals”.

Country/Territory
Lithuania
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Subject
Energy
Keyword
Natural gas Business/industry/corporations Authorization/permit
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Entry into force notes
This Law enters into force on 1 March 2018.
Abstract

Article 3 shall be amended to add a new wording: "The designated supplier shall be appointed by the Ministry of Energy on a competitive basis in accordance with the procedure and conditions established by the Government. An appointed supplier may be an enterprise in which the state directly or indirectly owns at least 2/3 of the voting shares of the general meeting. The appointed supplier may not carry out activities related to the transmission and/or distribution of energy, as well as other activities of the designated supplier, its management and organizational structure shall not be in conflict with the requirements for the separation and independence of activities in the natural gas sector."

Full text
Lithuanian
Website
e-seimas.lrs.lt

References - Legislation

Amends

Law No. XI-2053 “On liquefied natural gas terminals”.

Legislation | Lithuania | 2012 (2015)

Keyword: Natural gas, Business/industry/corporations, Authorization/permit, Harbour

Source: FAO, FAOLEX