International Internet Magazine. Baltic States news & analytics
Monday, 26.09.2016, 22:02
Lithuania's government decided on Monday to postpone the completion date of the Gas Interconnector Poland-Lithuania (GIPL) gas pipeline until the end of 2021. Energy Minister Rokas Masiulis has told that, with Poland revising the route of the pipeline, the project will be delayed but become cheaper. In his words, the Lithuanian compensation to Poland should be reduced to the extent the Polish costs decline, reports LETA/BNS.
Keyword tags: Construction, Energy, Energy Market, EU – Baltic States, Gas, Lithuania
After Poland postponed the end of implementation of the Gas Interconnector Poland-Lithuania (GIPL) gas pipeline by 2.5 years, Lithuania's gas transmission company Amber Grid will have to terminate the tenders of pipeline acquisition and gas pipeline construction before calling new ones, reports LETA.
According to the head of the United States Energy Association (USEA), Barry K. Worthington, the Utah oil shale development project of Estonia's state-owned energy group Eesti Energia has much support and a great likelihood of success, reports LETA/BNS.
The state-owned Estonian energy group Eesti Energia has announced a tender for the design and construction of a wind farm in the Tootsi Suursoo area of the southwestern Parnu County, wites LETA/BNS.
Novira Capital has renovated a 8,000-square-meter commercial property in Central Tallinn that will serve as home to offices and a four-star hotel operated by Unique Hotels, writes LETA/BNS.
Lithuania's building company Panevezio Statybos Trestas (PST), together with its Latvian partner ARMS Group, has signed a contract worth almost 5 million euros, not including VAT, with the Latvia University of Agriculture for the reconstruction of the Jelgava Palace, reports LETA/BNS.
The European Commission has approved 150 million euros in support for a 345-million-euro biomass and waste-fired cogeneration plant that the state energy group Lietuvos Energija (Lithuanian Energy) is building in Vilnius, reports LETA/BNS.