Lietuvos Energija Requests Gazprom Export for Natural Gas Swap

Lietuvos Energija AB asked Gazprom Export to provide natural gas swaps to help reduce electricity prices for Lithuanian consumers.

Lietuvos Energija found an alternative gas supplier in western Europe that would provide gas at more competitive prices than the current agreement with Gazprom, the Vilnius-based Lietuvos Energija said in a statement to the stock exchange today.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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