Energy

International Internet Magazine. Baltic States news & analytics Wednesday, 26.04.2017, 01:24

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Lithuania's Litgrid to pay EUR 18.2 mln in dividend

Lithuania's Litgrid to pay EUR 18.2 mln in dividend

25.04.2017

Lithuania's power transmission system operator Litgrid has earmarked 18.156 mln euros for dividend or 3.6 cents per share after netting 16.828 mln euros in profit last year.

Keyword tags: Energy, Energy Market, Financial Services, Lithuania



Nord Stream 2 AG and European energy companies sign financing agreements

Nord Stream 2 AG and European energy companies sign financing agreements

24.04.2017

The Nord Stream 2 project, being pursued by Gazprom, has taken today another important step towards its implementation, responding to the need of the European Union for additional gas imports and thereby improving security of supplies to Europe.

Vilnius plans to take Veolia to Stockholm arbitration court

Vilnius plans to take Veolia to Stockholm arbitration court

24.04.2017

Vilnius' local authority and the municipal heating grid operator Vilniaus Silumos Tinklai (Vilnius Heating Grid, or VST) are planning to go to the Stockholm arbitration court after Veolia and Vilniaus Energija (Vilnius Energy), the French group's local subsidiary whose 15-year lease on the Lithuanian capital's heating system has recently ended, rejected the city's claim, worth around 200 million euros, for damages caused to the assets during the lease period, writes LETA/BNS.


Natgas sales by Eesti Gaas drop 14.8%

Natgas sales by Eesti Gaas drop 14.8%

21.04.2017

The gas seller Eesti Gaas sold 176.5 mln cubic meters of gas in the first quarter of 2017, 14.8% less than during the same period a year ago, reports LETA/BNS.

Government has already agreed not to support Ventspils Port's participation in Nord Stream 2 project

Government has already agreed not to support Ventspils Port's participation in Nord Stream 2 project

21.04.2017

The government has already agreed not to support Ventspils' participation in the Nord Stream 2 gas pipeline project, sources tell LETA.


20.04.2017

Ventspils port offered participation in Nord Stream 2 gas pipeline project

The northwestern Latvian port of Ventspils and two terminals operating there, Noord Natie Ventspils Terminals and Eurohome Latvija, have received an offer to participate in the Nord Stream 2 gas pipeline project by ensuring the storage and deliveries of pipes via Ventspils port, Ventspils mayor and the port’s board chairman Aivars Lembergs said at a news conference today citing LETA.

20.04.2017

Latvia supports synchronization of Baltic power grids via Poland

Latvia supports the synchronization of the Baltic electricity networks with continental Europe via Poland, Lithuania's Energy Minister Zygimantas Vaiciunas said after discussing the issue with Latvia's Vice-PM and Economics Minister Arvils Aseradens on Thursday.

20.04.2017

Lithuania passes bill to restrict imports from Belarus' Astravyets and other unsafe N-plants

The Lithuanian parliament on Thursday adopted a bill to restrict electricity imports from the Astravyets nuclear power plant under construction in Belarus and other unsafe nuclear facilities in third countries, reports LETA/BNS.

18.04.2017

Lithuania-Poland power link to be used for electricity trade with Sweden

The LitPol Link power interconnection between Lithuania and Poland will be available for use for electricity trade between Lithuania and Sweden starting from July, Litgrid said on Tuesday LETA/BNS.

13.04.2017

There's consensus on Baltic grids' synchronization via Poland

There is a consensus among member countries of the Baltic Energy Market Interconnection Plan (BEMIP) that the Baltic power grids have to be synchronized with the Western European system via Poland, but details, such as the need for a second LitPol Link, remain to be worked out, writes LETA/BNS.

13.04.2017

Tanker to deliver this year's 1st LNG cargo for Lithuania's Achema

A new shipment of around 140,000 cubic meters of liquefied natural gas (LNG) from Norway's Statoil is arriving to Klaipeda on Thursday, marking the first delivery of LNG to the fertilizer manufacturer Achema in the current gas year, writes LETA/BNS.

12.04.2017

Baltic synchronization discussed in Brussels

A key step should be taken in the synchronization of the electricity networks of the three Baltic states with Western Europe, which is one of the most important energy projects of the past decade. Members of the Baltic Energy Market Interconnection Plan (BEMIP) should discuss the study conducted by the European Commission's Joint Research Center to decide on the connection of the Baltic and Western European grids, reports LETA/BNS.

10.04.2017

Estonian energy co's market share in Poland to be 5%

The Estonian state-owned energy company Eesti Energia is planning to take over 5% of the Polish energy market, CEO Hando Sutter told journalists on Monday, according to the ISBnews reports writes LETA/BNS.

10.04.2017

Lithuania's electricity market prices remain stable

The average price of electricity in Nord Pool's Lithuanian bidding area last week remained stable at 30.8 euros per megawatt-hour, Litgrid said on Monday.

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