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Saturday, 28.02.2015, 17:54
Natural gas supply and trading company LITGAS has established ties with the United States companies. In Houston LITGAS signed a memorandum of understanding with Delfin LNG LLC, which will implement the first offshore floating liquefaction project in the US, informs LETA/ELTA.
Keyword tags: Energy, Gas, Legislation, Lithuania, USA
At a meeting with the US Secretary of Energy Ernest Moniz held on 24 February in Washington, Lithuanian Minister of Energy Rokas Masiulis confirmed Lithuania's readiness to purchase liquefied natural gas (LNG) from the USA as soon as US companies start exporting it, reported BC Lithuania's Ministry of Energy.
The Latvian gas company JS Latvijas Gaze is looking at EUR 30.07 million in profit, which is 1.9% more than in 2013. This according to the company's non-audited 12-month financial review, handed in to "NASDAQ OMX Riga", cites LETA.
Liquefied natural gas (LNG) floating storage regasification unit Independence already cost Lithuania EUR 8.24 million in 2015. Everyday an amount of EUR 150,000 accumulates, informs LETA/ELTA, referring to Vakaro zinios.
Lithuania's natural gas supply and trading company Litgas was authoriased to trade in the Estonian gas market, the company reports BC.
According to unofficial information, the fund Marguerite, established by several European banks, is the prospective buyer for the German company E.ON Ruhrgas stake in Latvijas Gaze, Economy Minister Dana Reizniece-Ozola (Greens/Farmers) confirmed in an interview with Latvian Radio this morning, cites LETA.
Lithuania's natural gas supply and trading company Litgas, part of the state controlled Lietuvos Energija energy company group, is increasing supply of natural gas to Estonia and signed a contract with a third Estonian company: electricity production and supply company VKG Energia which belongs to the largest manufacturer of shale oil and chemicals in Estonia Viru Keemia Grupp, informs LETA/ELTA.