Energy

International Internet Magazine. Baltic States news & analytics Thursday, 30.06.2016, 06:06

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10th LNG shipment arrives in Klaipeda

10th LNG shipment arrives in Klaipeda

28.06.2016

A new shipment of around 140,000 cubic meters of liquefied natural gas (LNG) from Norway's Statoil has been delivered to Klaipeda. It is the tenth shipment to Lithuania this year so far, reports LETA/BNS.

Keyword tags: Energy, EU – Baltic States, Gas, Lithuania, Transport



Lithuanian EnergMin wants faster development of LNG filling stations

Lithuanian EnergMin wants faster development of LNG filling stations

28.06.2016

Energy Minister Rokas Masiulis says that the development of liquefied natural gas (LNG) filling stations in Lithuania and elsewhere in Europe is not fast enough and that decisions in principle will have to be taken on the so-called "blue corridors" in the country, informs LETA/BNS.

Extraction of oil shale in Estonia totals 14.9 mln tons in 2015

Extraction of oil shale in Estonia totals 14.9 mln tons in 2015

27.06.2016

A total of 14.9 million tons of oil shale was extracted in Estonia in 2015 and losses totaled 4.6 million euros, while a year earlier 15 million tons of oil shale was extracted and losses totaled 4.2 million tons, it can be seen from data published by the Land Board, cites LETA/BNS.


ABB Lithuania’s pretax earnings are forecast to decline to 591,000 euros in 2016

ABB Lithuania’s pretax earnings are forecast to decline to 591,000 euros in 2016

27.06.2016

The Lithuanian subsidiary of Sweden's engineering and automation company ABB in 2016 expects revenue to come in at least at last year's level, informs LETA/BNS.

Lietuvos Energija mulls cooperation with Blue LNG

Lietuvos Energija mulls cooperation with Blue LNG

27.06.2016

Lithuania's state-owned energy group Lietuvos Energija (Lithuanian Energy) is considering possible ways of cooperating with Blue LNG, a joint venture between Klaipedos Nafta and Germany's Bomin Linde LNG, informs LETA/BNS.

23.06.2016

Cities for clean environment and sustainable energy

There are presently two global initiatives of cities and local governments combating destructive climate change while striving for sustainable energy: the EU Covenant of Mayors and the Compact of Mayors. They announced the formation of a new, first-of-its-kind initiative – Global Covenant of Mayors for climate and energy.

22.06.2016

Lithuania will not recover EUR 1.4 bln overpayment from Gazprom

A Stockholm arbitration court, which examined Lithuania’s 1.4-billion-euro suit against Russia’s gas supplier Gazprom over overcharging for gas supplies, has found no guilt on Gazprom’s part, Lithuania’s Energy Minister said, cites LETA/BNS.

22.06.2016

Lifosa to invest EUR 75 mln in production of food-grade phosphoric acid

Lithuania's phosphate fertilizer manufacturer Lifosa, which is owned by Russia's chemical industry concern EuroChem Group, plans to invest approximately 75 million euros in the production of phosphoric acid, the Verslo Zinios business daily reports on June 22nd cites LETA/BNS.

22.06.2016

Lithuanian, Belarus experts continue to have diverging views on Astravyets NPP

Experts from Lithuania and Belarus who are meeting in Vilnius continue to have diverging views on the security of a nuclear power plant being built by Belarus in Astravyets close to its border with Lithuania and little success has been achieved so far in trying to reach a consensus on many issues, informs LETA/BNS.

21.06.2016

Lithuania’s mineral resources diminishing steadily

Lithuania’s mineral resources, which were explored three decades ago and are mainly used in road building and construction industries, are approaching depletion and the difficult-to-meet environmental and ownership requirements established for new exploration and production are inflating the costs of construction and road works, the Lietuvos Zinios daily reports on June 21st, cites LETA/BNS.

21.06.2016

Revenue of Lithuania’s Lotos Geonafta plummets 46% in 2015

Lotos Geonafta, Lithuania's oil production and exploration company that is part of Poland's Lotos Group, in 2015 saw its consolidated revenues fall by 45.8% to 19.16 million euros, from 35.343 million euros in 2014, informs LETA/BNS.

21.06.2016

Circle K Eesti to buy most of Premium 7 filling stations

Circle K Eesti AS, which mainly operates filling stations under the Statoil trademark, has reached an agreement to purchase 23 filling stations of the 31 stations operated under the Premium 7 brand from Sevenoil Est OU and its affiliates, informs LETA/BNS.

21.06.2016

Ignalina NPP’s spent fuel storage facility ready for hot testing

Lithuania's shut-down Ignalina Nuclear Power Plant (INPP) has completed cold tests of an interim spent nuclear fuel storage facility (B1), one of its key decommissioning projects, which will be followed by hot tests that are scheduled to begin at the end of September and continue until summer 2017, informs LETA/BNS.

21.06.2016

EU climate action commissioner promises to continue dialogue about Latvia’s special situation

The Latvian Minister for Environment and Regional Development, Kaspars Gerhards (National Alliance) has received a promise from the EU Commissioner for Climate Action and Energy, Miguel Arias Canete, about continuing a dialogue about Latvia’s special situation regarding climate policy, informs LETA.

20.06.2016

Transformation sector shows an increase in the share of renewables in Latvia

Data compiled by the Central Statistical Bureau (CSB) show that in 2015 the gross consumption of energy in Latvia amounted to 188.7 petajoules (PJ), which was 1.4% more than in 2014. No notable changes have occurred in energy consumption over the past ten years, and it has stayed rather stable. For comparison – in 2005, 192.1 PJ of energy were consumed in Latvia, which was only 1.8% more than in 2015.

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