International Internet Magazine. Baltic States news & analytics
Thursday, 30.03.2017, 19:35
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
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 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.
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.
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.
Latvian power grid operator Sadales Tikls is going to buy 200,000 smart meters for installation across Latvia, the company announced LETA.
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.