Lithuania Gets 1 Bid in Tender for Shale-Gas Exploration RightsBryan Bradley
Lithuania received one bid in a tender for shale-gas exploration rights by today’s deadline, the head of the country’s geological service said.
The envelope with the bid for a license to explore a field of 1,800 square kilometers will be opened tomorrow, Juozas Mockevicius, director of the Lithuanian Geological Survey, said by phone in the capital, Vilnius. The agency organized the tender on behalf of the Energy Ministry.
“Potential bidders may have been scared off by the general negative attitude in Europe these days regarding the impact of shale-gas technologies on the environment,” Mockevicius said. “Many companies expressed interest last year when the tender was first announced.”
Chevron Corp., which last year bought 50 percent of a local oil recovery company, and Poland’s Grupa Lotos SA, which has a Lithuanian unit, have both said they intended to seek shale gas in Lithuania, the BNS newswire reported on Jan. 10.
In a separate tender for a second field of 281 square kilometers, which contains “conventional hydrocarbons,” the agency received three bids, according to Mockevicius.