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Saturday, 13.02.2016, 23:23
Latvijas Gaze natural gas utility and Dzintars cosmetics company are holding talks to reach an agreement on the cosmetics company's unpaid gas bills, LETA was told at Latvijas Gaze.
Keyword tags: Energy, Gas, Latvia, Legislation, Markets and Companies
The Alexela Group as well as a group of investors, Trilini Energy OU, want to acquire the majority holding in Estonia's natural gas seller Eesti Gaas from the Finnish energy group Fortum, the daily Eesti Paevaleht reports, cites LETA/BNS.
Expansion of the Incukalns underground gas storage facility in Latvia and gas pipelines from Latvia to Lithuania and Estonia are on the European Commission's list of 14 priority projects aimed at protecting the EU against natural gas supply disruptions and reducing dependence on Russian gas, informs LETA/BNS.
Saeima today passed amendments to the Energy Law in the final reading to support liberalization of the gas market and rules on breaking up the joint-stock company Latvijas Gaze, reports LETA.
In the end of last week, the operator of the Lithuanian liquefied natural gas (LNG) terminal – Klaipėdos nafta AB – signed two new agreements on the use of terminal capacities with the largest gas market players: Achema and Lietuvos dujų tiekimas. The new agreements serve as a proof to the markets that the gas price offered by Norwegian gas company Statoil for 2016 was lower than the price offered by Russian gas company Gazprom, reports BC Birutė Jocaitė from the Energy Ministry.
Lithuania's fertilizer manufacturer Achema, the country's largest natural gas consumer that last year began to pay Klaipeda liquefied natural gas (LNG) terminal charges after having refused to do so for two years, continues to contest the legality of these charges, even though the burden for the company has eased by 7-8 million euros since the start of the year 2016, informs LETA.
The government today approved the Economics Ministry's regulations on supply and use of natural gas, which stipulate that companies in Latvia will be able to buy natural gas from foreign gas suppliers, informs LETA.