International Internet Magazine. Baltic States news & analytics
Wednesday, 26.10.2016, 08:47
The state owned Estonian energy group Eesti Energia that is about to start selling natural gas to households in November is targeting a market share of 20 %, Eesti Paevaleht article noted LETA/BNS.
Keyword tags: Energy, Energy Market, Estonia, Gas, Gas Market , Markets and Companies
Court rules regulator had no reason to make Latvijas Gaze ensure third-party access to infrastructure21.10.2016
The Public Utilities Commission had no reason to issue a regulation obliging Latvijas Gaze natural gas utility to allow third parties, including Latvenergo power utility, to access its gas transmission, distribution and supply infrastructure, the Administrative Regional Court ruled today, writes LETA.
Estonian natural gas seller Eesti Gaas sold 328 mln cubic meters of gas in nine months of 2016, an increase of 18 % compared to 277 mln cubic meters a year ago, informs LETA/BNS.
The Estonian state owned transmission system operator Elering AS and the Finnish state owned company Baltic Connector OY on Monday signed an agreement on their cooperation concerning the undersea portion of the Balticconnector project to interconnect the natural gas transmission systems of Estonia and Finland, reports LETA/BNS.
Nord Stream 2, the new gas pipeline that Gazprom is planning to build from Russia through the Baltic Sea to Germany, has been criticised for reducing Europe’s energy security and even forming a geopolitical threat to Europe. Karel Beckman, editor-inchief of independent website Energy Post, explains the economic rationale behind the project, and notes that the successful creation of a competitive, integrated EU gas market has made the geopolitical argument largely redundant.
Nord Stream 2 is a commercial venture that is entangled in a political game. That’s perhaps the most appropriate summation of an extensive discussion on the controversial project which, despite all obstacles, aims to start in four or five years’ time.
Lithuania's law-enforcement officials have turned to British and Dutch authorities for help in their investigation of greenhouse gas emission allowance trading by Lietuvos Elektrine (Lithuanian Power Plant) - now Lietuvos Energijos Gamyba (Lithuanian Energy Production) - between 2009 and 2011, reports LETA/BNS.