Interfax reported that Ms Dalia Grybauskaite Lithuanian President see no possibility for reaching an agreement with OJSC Gazprom for reducing gas prices for the country.

She said "It is difficult to reach an agreement with Gazprom on reducing price since, as I have mentioned, Gazprom's prices are political in character and not economic."

She added that "The difference in price between what Gazprom applies for Lithuania and world prices, clearly bears a political nuance. Therefore, everything depends on policy and the position of Russia's leadership on partnership with Lithuania."

(Sourced from Interfax)