Country Report

Lithuania upstream summary

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Lithuania is a minor oil producer. Most fields are mature and output has declined steadily in recent years. This has been driven by a lack of investment in both exploration and development activity. In 2011, Grupa LOTOS (Poland) acquired Geonafta, Lithuania's NOC. The company was renamed LOTOS Geonafta and remains the key oil and gas operator. With no domestic sales gas production, Lithuania has embarked upon several projects to diversify away from Russian imports. In 2015, Lithuania's first LNG regasification terminal – the Independence FSRU (floating storage and regasification unit) – was commissioned on the Baltic coast. Lithuania’s unconventional gas upside has not yet been realised. Its shales are thought to be analogous to Poland's Lower Paleozoic shale gas unconventional play. This remains the most viable option for the country to become a gas producer.

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Tables and charts

This report includes the following images and tables:

    Lithuania - basin mapLithuania - licence mapLithuania - liquids reserves
    Reserves by Sector at 01/01/2026Resources by Sector at 2026Lithuania - gas infrastructureNet Acreage 2026Remaining Reserves and Contingent Resources at 01/01/2026Lithuania - liquids productionLithuania - oil infrastructureKey existing gas pipelines

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    Lithuania upstream summary

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    Lithuania upstream summary

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