International Internet Magazine. Baltic States news & analytics
Thursday, 29.09.2016, 16:36
Work on agreement laying down the conditions for the Rail Baltica project financing and implementation is still continuing today, as the Baltic countries' joint venture RB Rail representative Ilze Rassa told LETA.
Keyword tags: Baltic, Construction, EU – Baltic States, Investments, Latvia, Lithuania, Railways
The Lithuania-Poland talks on strategic energy projects may be determined by the outcome of the dispute initiated by Orlen Lietuva with Lietuvos Gelezinkeliai (Lithuanian Railways, LG), which is directly unrelated with energy projects, informs LETA/BNS.
The Estonian government is losing 357 mln euros annually as a result of the fall in transit volumes from their peak levels ten yars ago, while overall the slump in transit is depriving the Estonian economy of 510 mln euros every year, estimates by the Estonian Logistics and Transit Association indicate, 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.
The first pilot train of goods from China to Latvia is expected by the end of the year, Transport Minister Uldis Augulis (Greens/Farmers) said during a conference today titled Global Transportation Vision organized by the Latvian national rail company Latvijas Dzelzcels, informs LETA.
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.
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.