Date: 06.07.2018.

International Internet Magazine. Baltic States news & analytics Wednesday, 26.09.2018, 16:10

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EU Gas Import Infrastructure – why more is good for both suppliers and consumers – Part II

EU Gas Import Infrastructure – why more is good for both suppliers and consumers – Part II

06.07.2018

In my previous article (EU Gas Import Infrastructure – why more is good and why looking at annual utilisation figures alone is wrong) I explained why looking at annual utilisation figures was misleading when looking at usage of import infrastructure, and whether Europe needs more gas import infrastructure. In this article, I will explain why the argument that Europe already has enough import infrastructure is wrong from a market economics standpoint.

Keyword tags: Analytics, Baltic States – CIS, Direct Speech, Energy, EU – Baltic States, Gas



In May, 2% more tourists stayed in Estonian hotels

In May, 2% more tourists stayed in Estonian hotels

06.07.2018

According to Statistics Estonia, in May 2018, domestic and foreign tourists staying in accommodation establishments numbered 304,000, which is 2% more than in May 2017. The number of both domestic and foreign tourists increased.

The annual inflation in Estonia made 2.1% in June y-o-y

The annual inflation in Estonia made 2.1% in June y-o-y

06.07.2018

According to Statistics Estonia, the change of the consumer price index in June 2018 was 0.9% compared to May 2018 and 4.0% compared to June of the previous year.


EU Gas Import Infrastructure – why more is good and why looking at annual utilisation figures alone is wrong - Part I

EU Gas Import Infrastructure – why more is good and why looking at annual utilisation figures alone is wrong - Part I

06.07.2018

Over the past year I have been surprised at the discussion regarding gas import infrastructure to the EU. Many have argued that Europe does not need more import pipelines. The arguments often take the following form: current pipelines are not full when looking at annual utilisation figures, and in any case there is plenty of spare LNG import capacity. Both arguments ignore gas market fundamentals, namely the difference between annual average demand and peak day demand on the one hand, and how competitive gas markets work on the other. Below I explain why.

Speaker: there are all preconditions for Latvia to become Baltic center for distribution of Chinese cargo

Speaker: there are all preconditions for Latvia to become Baltic center for distribution of Chinese cargo

06.07.2018

There are preconditions for Latvia to become the logistics and distribution center for Chinese cargo in the Baltics, Saeima Speaker Inara Murniece said during a meeting with Zhang Qingli, Vice-Chairman of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC), cites LETA.


06.07.2018

Orkla Foods Latvija raises exports by 32% in H1

Orkla Foods Latvija, the owner of Spilva and Gutta food and beverage brands, increased export volumes by 32% in the first half of 2018 against the same period last year, the company’s marketing head Raitis Avots told LETA.

06.07.2018

Bank analysts forecast Latvia’s inflation in June at 2.6-2.7%

In June 2018, Latvian consumer prices rose by an estimated 0.5% from May, which means that the annual inflation rate grew to 2.6 or 2.7%, the surveyed analysts told LETA.

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