Poland Lotos says may be interested in shale gas in Lithuania:
"Polish energy company Lotos said it might be willing to explore for shale gas in Lithuania, provided the conditions on offer are improved, after Chevron pulled out as the sole bidder in a tender for a license.
The Baltic Basin, which extends from northern Poland to southwestern Lithuania through Russia's Kaliningrad exclave is seen as one of the most promising regions for shale gas exploration in Europe.
"Yes, if conditions are acceptable," Lotos Chief Executive Pawel Olechnowicz told Reuters, when asked whether Lotos would be interested in taking part in a new tender."
'via Blog this'
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