Energy Market

International Internet Magazine. Baltic States news & analytics Thursday, 30.03.2017, 19:35

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Lithuanian energy producer LEG approves EUR 0.02 dividend for H2 2016

Lithuanian energy producer LEG approves EUR 0.02 dividend for H2 2016

24.03.2017

Lithuania's state-owned electricity production group Lietuvos Energijos Gamyba (Lithuanian Energy Production, or LEG) is set to distribute 12.702 million euros as dividends, or 0.02 euros per share, to shareholders for the second half of 2016, bringing to 40.01 mln euros the total dividend payout for the year, reports LETA/BNS.

Keyword tags: Energy, Energy Market, Financial Services, Lithuania



Synchronization of Baltic and Western electricity systems faces numerous challenges

Synchronization of Baltic and Western electricity systems faces numerous challenges

24.03.2017

As Lithuanian and Polish government officials continue talks on synchronization of the Baltic electricity networks with continental Europe, it remains unclear when and what decision would be taken. After the Polish electricity transmission operator PSE suggested building a sea link, companies of Lithuanian and Estonia expressed disapproval, while Latvia has called for more thorough discussions, writes LETA/BNS.

Eesti Gaas getting LNG also from Poland

Eesti Gaas getting LNG also from Poland

22.03.2017

Eesti Gaas has started to import liquefied natural gas (LNG) also from Poland, in addition to Russia where it has been getting its LNG from so far, writes LETA/BNS.


Lithuania gets reinforcement from Poland in fight against Belarus' N-plant

Lithuania gets reinforcement from Poland in fight against Belarus' N-plant

20.03.2017

Poland became Lithuania's first ally in its efforts to stop the construction of the Russian state corporation Rosatom's nuclear power plant in Belarus when it announced its intentions not to purchase electricity from the facility under construction in Astravyets, just 50 kilometers from Vilnius, Lithuanian politicians and experts said on Monday LETA/BNS.

Eesti Gaas sells 1.3 mln cum more natgas in February

Eesti Gaas sells 1.3 mln cum more natgas in February

20.03.2017

AS Eesti Gaas sold 57.7 mln cubic meters of natural gas in February, 1.3 million cubic meters more than in February 2016, reports LETA/BNS.


20.03.2017

Sadales Tikls power grid operator to buy 200,000 smart meters for installation across Latvia

Latvian power grid operator Sadales Tikls is going to buy 200,000 smart meters for installation across Latvia, the company announced LETA.

17.03.2017

One LitPol Link connection may be enough for synchronization

Amid discussions at the Polish electricity transmission operator PSE about building a marine link instead of a second air line, Lithuania's power transmission system operator Litgrid says synchronization would be possible with the one existing LitPol Link power line, reports LETA/BNS.

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