Augustinas Razumas

Senior Associate

Vilnius, Lithuania

+370 5 251 4444; 251 4445

Lithuanian, English, Russian, French


Energy / Commercial Law


Advised UAB Lietuvos energija in arranging and approving the medium term note programme of up to EUR 1.5 billion and issuing a EUR 300 million first bond issue under the programme, as well as admission thereof to trading on the Luxembourg Stock Exchange and AB Nasdaq Vilnius (2018);

Represents the Republic of Lithuania in arbitration proceedings pending before the International Centre for Settlement of Investment Disputes in Washington (ICSID) in accordance with the statement of claim filed by claimant Veolia Environnement S.A. et alli against the Republic of Lithuania (2016 – present);

Represents Vilniaus šilumos tinklai, AB in arbitration proceedings pending before the Arbitration Institute of the Stockholm Chamber of Commerce in accordance with the statement of claim filed by claimants Veolia Environnement S.A. and Vilniaus Energija, UAB regarding the performance of the Vilnius heat sector lease agreement (2016 – present);

Represents and gives consultations to Lietuvos Energija, UAB on issues related to projects of combined heat and power plants carried out in Vilnius and Kaunas, on various other legal issues  (2016 – present);

Represented and provided legal consultations and opinions to major chains of fuel stations operating in Lithuania on state regulation issues (2016);

Advised Hitachi on the implementation of the Visaginas nuclear power plant project in Lithuania (2014–2016);

Prepared and submitted a complaint to the European Commission on behalf of a major electricity and thermal energy producer on the conformity of state regulation issues to EU legal requirements (2014–2016);

Provided legal services to a major company in the business of maintenance of multi-apartment houseson various legal issues and prepared a complaint to the European Commission related to evaluation of the conformity of legal acts of the Republic of Lithuania to EU legal rules (2015);

Advised and provided legal opinions to General Electric and its branch in Lithuania on various legal issues related to construction and supervision of energy objects, certification of employees (2014–2015);

Advised and provided conclusions to Lietuvos Oro Uostai, VĮ on illegal state aid issues and other related issues (2015).

other experience

Represents one of the largest raw material trade companies in the world on issues related to the market of natural gas and other energy resources, import and export of such products, other related regulatory issues (2016–present);

Advised Bomin Linde LNG on LNG terminal development and issues of application of related legal acts (2015–2016);

Advised Klaipėdos Nafta, AB and represents the client’s interests on the LNG terminal development, operation and management issues (2016 – present);

Represented and prepared legal opinions to Orlen Lietuva, AB on various state regulation legal issues in connection with wholesale trade in oil products and other issues (2016);

Provided legal services to EPSO-G, UAB on various legal issues and drafted legal acts on various energy sector regulation issues (2015–2016);

Provides legal services to Modus Group, UAB on various state regulation issues related to energy projects performed by this company (2014–2016);

Provided legal consultations and prepared legal opinions for Danpower Baltic, UAB concerning issues related to heat sector regulation and state intervention into the heat sector market (2015–2016);

Provided legal services to major mobile communication operators in Lithuania concerning various state regulation issues, represented them in negotiations with state authorities and other third parties (2014–2016);

Advised a major retail chain on various legal issues, represented the client’s interests in state authorities (2016).

Advised Fortum Heat Lietuva, UAB on various state regulation issues, in negotiations with state authorities and other third parties (2014–2015).


  • Legal aspects of EU energy regulation. The Consolidation of Energy Law across Europe. 2nd edition. Lithuanian chapter (2016, Oxford University Press)


  • Lithuanian Bar Association


  • Since 2017 associate at TGS Baltic (former TARK GRUNTE SUTKIENE)
  • 2016-2017 associate at TARK GRUNTE SUTKIENE
  • 2014-2016 associate at SORAINEN
  • 2010-2014 senior lawyer at Lietuvos Energijos Gamyba, AB
  • 2007-2010 senior specialist at the State Consumer Rights Protection Authority


  • 2011 Vilnius University, Faculty of Economics (Master of Economics)
  • 2007 Vilnius University, Faculty of Law (Master of Law)