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Saturday, 30.07.2016, 04:52
The Economics Ministry, Public Utilities Commission and joint-stock company Latvijas Gaze have completed work on new regulations on natural gas trade and use in Latvia, which stipulate that all natural gas consumers will have the right to choose their natural gas supplier from April 3, 2017, cites LETA.
Keyword tags: Energy Market, Gas, Latvia, Law and Regulations
There will be no concessions regarding natural gas market liberalization and unbundling of Latvijas Gaze natural gas utility, Latvian Prime Minister Maris Kucinskis told the press after the meeting with Latvijas Gaze CEO Aigars Kalvitis on Tuesday, reports LETA.
In July 2016, Latvian natural gas utility Latvijas Gaze has raised gas tariffs for industrial consumers by 2.6-4 % from June, still the tariffs will be by 25 % lower than a year ago, Latvijas Gaze reported, cites LETA.
Economies need energy to grow. Europe’s demand for natural gas imports in particular will continue to rise for the foreseeable future as domestic supplies dwindle.
A new shipment of around 140,000 cubic meters of liquefied natural gas (LNG) from Norway's Statoil has been delivered to Klaipeda. It is the tenth shipment to Lithuania this year so far, reports LETA/BNS.
Energy Minister Rokas Masiulis says that the development of liquefied natural gas (LNG) filling stations in Lithuania and elsewhere in Europe is not fast enough and that decisions in principle will have to be taken on the so-called "blue corridors" in the country, informs LETA/BNS.
Lithuania's state-owned energy group Lietuvos Energija (Lithuanian Energy) is considering possible ways of cooperating with Blue LNG, a joint venture between Klaipedos Nafta and Germany's Bomin Linde LNG, informs LETA/BNS.