International Internet Magazine. Baltic States news & analytics
Monday, 26.09.2016, 15:14
According to the head of the United States Energy Association (USEA), Barry K. Worthington, the Utah oil shale development project of Estonia's state-owned energy group Eesti Energia has much support and a great likelihood of success, reports LETA/BNS.
Keyword tags: Construction, Energy, Estonia, Good for Business, Investments, Oil, USA
Estonia's Minister of Economic Affairs and Communications Kristen Michal has asked the chairman of the supervisory board of Port of Tallinn to perform an audit of the procedure of selection of the supplier of fuel for ferries at the Port of Tallinn subsidiary TS Laevad, reports LETA/BNS.
Orlen Lietuva, the Lithuanian subsidiary of Poland's oil group Orlen, denies making additional demands to Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) in their talks over rail freight rates, reports LETA/BNS.
A senior executive of Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) says that Orlen Lietuva has asked for tens of mlns of euros worth of discounts on rail freight rates, noting that this could be the price for Poland's position not to hamper Lithuania's strategic energy projects, particularly the Baltic grids' synchronization with the Western European system, reports LETA.
The state-owned Estonian energy generating group Eesti Energia is preparing to conduct tests of the production of oil from used tires and has announced a tender to buy 1,000 tons of shredded tires for this purpose, BC informs Eesti Energia representative.
Russia will halt export of oil products via Baltic ports by 2018, Russian oil pipeline company Transneft President Nikolay Tokarev said during a meeting with Russian President Vladimir Putin on Monday, reports LETA according to Interfax information.
During the first seven months of 2016, Latvian gasoline imports increased 1.3 % from the same period in 2015, while diesel fuel imports dropped 5 % year-on-year, the Central Statistical Bureau reported, cites LETA.