Gas Market

International Internet Magazine. Baltic States news & analytics Wednesday, 28.06.2017, 17:14

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FY profit of Eesti Gaas jumps to EUR 7.4 mln

FY profit of Eesti Gaas jumps to EUR 7.4 mln

27.06.2017

The sales revenue of the Estonian gas seller AS Eesti Gaas decreased 8.6 % year over year to 115.7 mln euros in 2016, whereas net profit surged to 7.4 mln euros from 485,000 euros in 2015, reported LETA/BNS.

Keyword tags: Estonia, Financial Services, Gas, Gas Market , Good for Business



Lietuvos Dujų Tiekimas purchased LNG from Cheniere

Lietuvos Dujų Tiekimas purchased LNG from Cheniere

26.06.2017

The natural gas supply and trading company Lietuvos Dujų Tiekimas (LDT), part of the state-controlled Lietuvos Energija energy company group signed a contract with the U.S. Cheniere Marketing International and purchased a LNG cargo. Lietuvos Dujų Tiekimas will store a part of natural gas purchased at a lower price in summer in Latvian Incukalns natural gas storage facility, LDT informed BC.

Lithuania's Achema to buy less gas from Statoil this year

Lithuania's Achema to buy less gas from Statoil this year

21.06.2017

Lithuania's fertilizer manufacturer Achema , the country's single largest natural gas consumer, should buy less gas from Norway's Statoil concern this year due to changes in the gas pricing policies, writes LETA/BNS according to Verslo Zinios business daily information.


Baltic countries agree on common transitional gas market measures

Baltic countries agree on common transitional gas market measures

15.06.2017

As the Baltic countries and Finland are moving toward the creation of a common gas market, the countries' energy market regulators have agreed to apply transitional market measures starting next year in order to lower trade barriers, writes LETA/BNS.

Russian businessman interested in Itera Latvija shares in Latvijas Gaze and Conexus Baltic Grid

Russian businessman interested in Itera Latvija shares in Latvijas Gaze and Conexus Baltic Grid

09.06.2017

Russian businessman Igor Makarov, the owner of international group Areti (formerly Itera), is interested in shares belonging to Itera Latvija in Latvijas Gaze and Conexus Baltis Grid natural gas companies, Itera Latvija board chairman Juris Savickis said LETA.


09.06.2017

Estonian PM: Ensuring gas supply in Baltics requires equal competition

Equal competition and best price for consumers are the preconditions for ensuring gas supply in the Baltics, Estonian Prime Minister Juri Ratas said on Friday after discussing the issue of the regional terminal for liquefied natural gas (LNG) with his Latvian and Lithuanian counterparts in Klaipeda, Lithuania, informed LETA/BNS.

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