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Friday, 09.12.2016, 11:42
Alberta Government official visits Riga Port to discuss opportunities for cooperation in oil product exports06.12.2016
The Government of Alberta representative Mario Krpan visited the Freeport of Riga last week to get acquainted with port infrastructure and opportunities for cooperation in transport and storage of oil products, liquefied natural gas (LNG) and liquefied petroleum gas (LPG), according to a statement released by the Freeport of Riga Authority.
The Economics Ministry has drawn up a draft decree to grant Lithuanian company Geobaltic permission to prospect for oil in Laza county, Aizpute region, and Gudenieki county in Kuldiga region, LETA was told at the ministry.
Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company and the operator of the liquefied natural gas ( LNG ) terminal, netted a profit of 13.024 mln euros in the three quarters of this year, down by 0.4%, from 13.095 mln euros, January-September of 2015, writes LETA/BNS.
Enefit Outotec Technology (EOT), a joint technology development venture of the Estonian state owned energy group Eesti Energia and the listed Finnish technology services company Outotec, has recently tested oil shale from several countries, including China, Mongolia and Burma, with a view to its commercial use, reports LETA/BNS.
The Russian state-owned rail company, Russian Railways, will introduce a 25 % discount on transit shipments of oil products from Belarusian refineries to Russia’s north-western ports, making its rail transit charges similar to that of Baltic ports, writes LETA/BNS according to Interfax information.
As Russian railway companies plan on getting the Belarusian oil cargo from the Baltic states and divert them to the Gulf of Finland, Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) expects to keep the freight volume at the current level, informs LETA/BNS.
Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company, has signed a long-term three-year fuel oil loading contract with the Belarusian oil company Belorusskaya Neftyanaya Kompaniya (Belarusian Oil Company, or BNK ), reports LETA/BNS.