Gas

International Internet Magazine. Baltic States news & analytics Saturday, 01.10.2016, 13:24

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Third gas supplier expected to heighten competition in Lithuanian market

Third gas supplier expected to heighten competition in Lithuanian market

29.09.2016

Experts expect that the third natural gas supplier will help create a better competitive environment in Lithuania, which has until now imported gas from two sources, reports LETA/BNS.

Keyword tags: Energy Market, EU – Baltic States, Gas, Gas Market , Lithuania, Market Review, Markets and Companies



Lithuania's Lietuvos Duju Tiekimas to buy gas from US Koch Industries in 2017

Lithuania's Lietuvos Duju Tiekimas to buy gas from US Koch Industries in 2017

28.09.2016

- Lietuvos Duju Tiekimas (Lithuanian Gas Supply, or LDT), a company operated by the state-owned energy group Lietuvos Energija (Lithuanian Energy), will next year buy some of the gas from Koch Industries, one of the US biggest corporations selling raw materials, energy, fertilizers, electronic components, etc. LDT executives did not rule out arrival of gas from the US, writes LETA/BNS.

Lithuania to ask EU agency to extend GIPL financing agreements

Lithuania to ask EU agency to extend GIPL financing agreements

27.09.2016

Amber Grid will this week ask the EU Innovation Network Executive Agency (INEA) to extend Gas Interconnector Poland-Lithuania (GIPL) financing agreements after Poland and, later, Lithuania pushed back the expected completion date for the joint pipeline project by two years and a half, writes LETA/BNS.


Energmin expects lower price of gas pipeline with Poland for Lithuania

Energmin expects lower price of gas pipeline with Poland for Lithuania

26.09.2016

Lithuania's government decided on Monday to postpone the completion date of the Gas Interconnector Poland-Lithuania (GIPL) gas pipeline until the end of 2021. Energy Minister Rokas Masiulis has told that, with Poland revising the route of the pipeline, the project will be delayed but become cheaper. In his words, the Lithuanian compensation to Poland should be reduced to the extent the Polish costs decline, reports LETA/BNS.

 Lithuania's Amber Grid to cancel tenders after Poland delayed GIPL project

Lithuania's Amber Grid to cancel tenders after Poland delayed GIPL project

23.09.2016

After Poland postponed the end of implementation of the Gas Interconnector Poland-Lithuania (GIPL) gas pipeline by 2.5 years, Lithuania's gas transmission company Amber Grid will have to terminate the tenders of pipeline acquisition and gas pipeline construction before calling new ones, reports LETA.


23.09.2016

A quarter of natgas imported from Lithuania in August

In August 4.35 mln cubic meters of natural gas was imported into Estonia from Lithuania, which made up 25 % of total gas imports, writes LETA/BNS.

20.09.2016

Lithuania to manage without Gazprom's gas auctions

Gazprom, which lost most of the Lithuanian market this year, will not hold a second auction of gas sales to the Baltic states, but Lithuania's energy minister and market players say this will not cause any problems to the country, which will continue buying gas from Norway's Statoil and other suppliers, or from the Russian gas giant under direct contracts, writes LETA/BNS.

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