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Lithuania allocate 138 million euros for development of gas networks over five years

29 October 2024 20:50 (UTC+04:00)
Lithuania allocate 138 million euros for development of gas networks over five years

By Aimat Aliyeva

Lithuania will invest about 138 million euros in gas network development projects over the next five years, Azernews reports.

"We believe that natural gas as an energy source will be widely used for at least several more decades, therefore it is necessary to maintain the reliability of gas transmission networks. 138 million euros will be allocated for this in the next five years," the words of the director of Amber Grid Nemunas Biknius are quoted in the message.

Such expenses were approved by the State Council for Regulation in the energy sector. In total, according to his decision, 201 million euros will be allocated for the development of gas networks in the period from 2024 to 2033.

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