Gas

International Internet Magazine. Baltic States news & analytics Tuesday, 16.07.2019, 23:57

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
Lithuania's Achemos Grupe turns to president, PM, Brussels in Klaipedos Nafta row

Lithuania's Achemos Grupe turns to president, PM, Brussels in Klaipedos Nafta row

16.07.2019

Achemos Grupe, the largest minority shareholder of the state-controlled energy terminals operator Klaipedos Nafta (Klaipeda Oil), has turned to the Lithuanian president, the prime minister and the European Commission over plans to transfer the company's liquefied natural gas business to a subsidiary, informed LETA/BNS.

Keyword tags: Energy, Financial Services, Gas, Legislation, Lithuania



Europe benefits from competition between LNG and pipeline gas

Europe benefits from competition between LNG and pipeline gas

09.07.2019

Last year I wrote that the European gas market had changed beyond recognition in the last ten years. Suppliers of gas to Europe have to compete for market share, and LNG (Liquefied Natural Gas) acts “as a competitive restraint on pipeline suppliers.” My argument was that Europe was not dependent on Russian gas, either physically or commercially, because of its ability to buy LNG. European buyers will be able to choose the most competitive source of supply, and thereby save themselves billions of euros in energy costs. Since then events have clearly endorsed this view, as I will explain below. Nonetheless Europe risks losing out on this ability to choose between suppliers if infrastructure is delayed or halted for political reasons.

Gas supply to Lithuania halted due to gas main's repair in Belarus

Gas supply to Lithuania halted due to gas main's repair in Belarus

08.07.2019

Gas supply via a gas pipeline to Lithuania from Belarus has been halted on Monday as Belarus started repairing a gas main in its territory, reported LETA/BNS.


Lithuania's LNG terminal in Klaipeda reports record results

Lithuania's LNG terminal in Klaipeda reports record results

08.07.2019

Lithuania's LNG terminal in the western port of Klaipeda has reported records results for June as about 2.4 TWh of natural gas were regasified and submitted to the natural gas transmission system, which was almost 200% more than in Jun, 2018 (0.8 TWh), reported LETA/BNS.

Lithuania's LNG terminal in Klaipeda reports record results

Lithuania's LNG terminal in Klaipeda reports record results

08.07.2019

Lithuania's LNG terminal in the western port of Klaipeda has reported records results for June as about 2.4 TWh of natural gas were regasified and submitted to the natural gas transmission system, which was almost 200% more than in Jun, 2018 (0.8 TWh), reported LETA/BNS.


03.07.2019

Lithuanian fertilizer producer Achema orders another large LNG cargo

Lithuania's fertilizer manufacturer Achema, the country's single largest gas consumer importing around half of all LNG in the country, has ordered another large LNG vessel for this year, according to the information available to LETA/BNS.

28.06.2019

NIB issues EUR 145 mln loan to Lithuania's Klaipedos Nafta

The Nordic Investment Bank has issued a loan of 145 million euros to Klaipedos Nafta, the operator of the LNG terminal in Lithuania, the country's energy minister announced on Friday amid Lithuania's plans to reduce the terminal's maintenance costs and provide guarantees to multimillion loans, reported LETA/BNS.

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site