International Internet Magazine. Baltic States news & analytics
Wednesday, 28.09.2016, 13:17
atvia ranks 49th in the latest Global Competitiveness Index by the World Economic Forum, having slipped down from the 44th position last year.
- 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's consumer confidence index was unchanged at minus 10 in September from August, data from Statistics Lithuania showed on Wednesday reports LETA/BNS.
The Lithuanian Cabinet on Wednesday decided to sack Jonas Milius, the head of the State Food and Veterinary Service, the prime minister's spokesman Mindaugas Janulionis told journalists at the government, writes LETA.
A Public Private Partnership (PPP) project to reconstruct the A14 Vilnius-Utena highway has received approval from the European Investment Bank (EIB) and is set to receive financing from the European Fund for Strategic Investments (EFSI). The total sum of the loan is to be capped at EUR 40 million and will have a 12 year term, Invest Lithuania informs BC.
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.
The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 36 euros per megawatt-hour, up by 8 % from a week earlier, but down by 17 % from a year earlier, Litgrid said LETA/BNS.