International Internet Magazine. Baltic States news & analytics
Thursday, 26.11.2015, 17:58
Latvijas Gaze natural gas utility wants to dominate in the Baltic region and supply gas to the Baltic market after its liberalization, the company's CEO, Aigars Kalvitis, said on Latvian Radio on Thursday, cites LETA.
Keyword tags: Baltic States – CIS, Energy, Gas, Latvia, Legislation
Russia's gas giant Gazprom will from January 2016 pay less for the transit of gas via Lithuania to Russia's Baltic Sea exclave of Kaliningrad after Lithuania's energy market regulator on Wednesday approved new tariffs for Amber Grid's transmission services, informs LETA/BNS.
Gazprom has contested the decision by the Vilnius Regional Administrative Court upholding a fine of almost 36 million euros imposed by Lithuania’s competition watchdog on Russia’s gas giant in 2014, informs LETA/BNS.
Litgas and Norway’s Statoil have “entered the home stretch” in establishing a joint venture, CEO of the Lithuanian gas trade company has said, adding that the negotiators have already agreed the text of the shareholders’ agreement, which may be signed by the end of the year 2015, informs LETA/BNS.
The list of companies interested in small-scale trade in liquefied natural gas (LNG) through the Lithuanian LNG terminal in Klaipeda is not limited to just Germany’s Bomin Linde LNG, Norway’s Statoil and Litgas, Energy Minister has said without disclosing the firms, informs LETA.
The planned expansion of Russia's Nord Stream gas pipeline under the Baltic Sea is an expensive project that is not needed in Europe, which will have an excess supply of liquefied natural gas (LNG) in the near future, Ashna Rahman of ICIS Energy-RBI said in Vilnius on Tuesday, cites LETA/BNS.
Klaipedos Nafta (Klaipeda Oil), the Klaipeda liquefied natural gas (LNG) terminal's operator, has established a subsidiary, SGD Logistika (LNG Logistics), which will be in charge of an LNG bunkering carrier operation, informs LETA/BNS.