Support The Moscow Times!

Unbundling Plan Delayed

Shareholders including Gazprom asked for more time to consider plans at Lithuanian gas utility Lietuvos Dujos to split up ownership of gas supply and transportation assets.

The state energy regulator agreed Monday to extend the deadline for shareholders to present a plan on separating the ownership of gas supply and transportation to end-May from the end of March.

Shareholders did not vote on unbundling options at an extraordinary meeting Friday as was planned. Lietuvos Dujos did not provide a new date to vote on unbundling. It will hold an annual shareholders meeting on April 23.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.