International Internet Magazine. Baltic States news & analytics
Tuesday, 10.12.2013, 02:15
As of 6:00 CET December 5, Nord Stream has successfully completed the final 30-day test of the pipeline system, informed BC Nord Stream’s press service.
Keyword tags: Baltic States – CIS, Energy, EU – Baltic States, Gas, Transport
On 5 December, Lithuania-based company Klaipedos Nafta and the Ministry of Finance of the Republic of Lithuania concluded an Agreement on the Margin Payment and Mortgage of Property as well as a Maximum Conditional and Ordinary Mortgage Agreement, informs LETA/ELTA.
If German company E.ON Ruhrgas International GmbH (E.ON Ruhrgas) decides to sell its shares in Latvian gas supply company joint-stock Latvijas gaze (LG), then the state possibly becoming a shareholder will be discussed as a reserve option, Economy Minister Daniels Pavluts told the daily business newspaper Dienas Bizness, informs LETA/Nozare.lv.
Lithuania's Prime Minister Algirdas Butkevicius rejects fears of businessmen that the Liquefied Natural Gas (LNG) terminal built in Klaipeda would become only an alternative channel to supply gas and it would not reduce gas price. The head of the Government also reveals that gas supply and its price is under negotiations not only with Russia-based Gazprom, but also with suppliers from Asia, informs LETA/ELTA.
Having corrected the gas price for the consumers from January, the National Control Commission for Prices and Energy (VKEKK) had to prove its decision for the Government on Monday, informs LETA/ELTA.
Dolphin Energy Limited has announced that it has signed a Memorandum of Understanding (MoU) with Nord Stream AG, the company that is providing a new natural gas supply from Russia to Europe, informs energyglobal.com.
The pre-audited results of AB Lietuvos Dujos for the nine months of 2013 were prepared according to the International Financial Reporting Standards: sales for the nine months of 2013 from continuing operations were amounted to LTL 1105.5 million (EUR 320.2 million), while the sales for the nine months of 2012 from continuing operations – LTL 1217.1 million (EUR 352.5 million), reports LETA/ELTA.