Energy

International Internet Magazine. Baltic States news & analytics Sunday, 26.10.2014, 01:01

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New high-voltage transmission line successfully launched in Western Lithuania

New high-voltage transmission line successfully launched in Western Lithuania

24.10.2014

Electricity has begun flowing through the new high-voltage power transmission line running from Klaipeda city to Telsiai town in Lithuania, the electricity transmission system operator Litgrid reports, cites LETA/ELTA.

Keyword tags: Energy, Good for Business, Lithuania



Prime ministers work on LNG agreement between Estonia and Finland

Prime ministers work on LNG agreement between Estonia and Finland

24.10.2014

Estonian Prime Minister Taavi Rõivas, who attends the European Council meeting in Brussels, discussed on Thursday with Prime Minister of Finland Alexander Stubb also concluding an interstate agreement that would help achieve progress in the Estonian-Finnish gas pipeline and LNG terminal issues, LETA/Delfi Ärileht writes.

EU leaders agree on new climate and energy policy goals

EU leaders agree on new climate and energy policy goals

24.10.2014

After several hours of discussions, the European Union (EU) leaders finally reached agreement on the climate and energy policy framework for 2030, informs LETA.


Masiulis: Europe is heavily dependent on energy import

Masiulis: Europe is heavily dependent on energy import

24.10.2014

Minister of Energy in Lithuania Rokas Masiulis participated at the European Gas Summit organised by the British newspaper the Financial Times and stressed that Europe is heavily dependent on energy import, writes LETA/ELTA.

Lithuanian thermal power plants will produce more energy as heating season commences

Lithuanian thermal power plants will produce more energy as heating season commences

24.10.2014

Unit 9 of the Lithuania Power Plant will be stopped and thermal power plants will produce electricity as heating season has commenced in Lithuanian cities, reports LETA/ELTA.

24.10.2014

2.3 bln cubic-meters of gas pumped into the Incukalns storage facility

Joint-stock gas supply company Latvijas Gaze informs that 2.3 billion cubic-meter of gas has been pumped into the Incukalns gas storage facility, writes LETA/Nozare.lv.

23.10.2014

Electricity prices for Latvian households to climb up to 30% in 2015

Electricity prices for households could grow up to 15-30% after January 1, 2015, Deputy State Secretary of the Economy Ministry Jurijs Spiridonovs said in a press conference today, cites LETA/Nozare.lv.

23.10.2014

Estonia and Norway consider it important to increase security in the Baltic Sea region

Meeting in Tallinn with Norwegian Minister for EAA and EU Affairs Vidar Helgesen, Foreign Minister Urmas Paet said that hopefully in the future, Norway will contribute to Baltic Air Policing from the Ämari Air Base, informed BC Estonian MFA.

23.10.2014

Electricity bourse price grew nearly 10% in September

In the Nordic electricity bourse Nord Pool Spot (NPS) Estonian price region, the average electricity price was 42.97 EUR per MWh in September 2014, by 9.9% higher than in August 2014, LETA/Postimees Online reports.

23.10.2014

LNG terminal – guarantor of Lithuania's energy security

On 27 October, Lithuanian President Dalia Grybauskaite will attend the welcoming ceremony for the liquefied natural gas (LNG) storage vessel Independence in Klaipeda. The LNG terminal will ensure Lithuania's energy independence and competitive prices for consumers, reports BC the presidential press service.

23.10.2014

Orlen Lietuva improves results in Q3 amidst pressure of operational costs

EBITDA LIFO result of Orlen Lietuva in the third quarter of 2014 amounted to USD 54 million and was higher by USD 58 million (year-on-year), supported by favourable macroeconomic environment in this period, informs LETA/ELTA.

23.10.2014

Estonia wants EU to support desynchronization of power systems

Estonia wants that during the European Council meeting this week developments of the European domestic energy market and desynchronization of the Baltic countries' power systems from Russian and Belarusian networks would be supported, reports LETA/Postimees.

22.10.2014

Estonian PM: oil price, not environmental fees is the challenge of oil shale price

Estonian Prime Minister Taavi Rõivas said in the parliament information hour on Wednesday that the main challenge of the oil shale industry is still the price of oil and Estonia cannot unfortunately influence that with environmental fees, LETA/Public Broadcasting reports.

22.10.2014

PM: information about Latvia's withdrawal from Latvijas Gaze share talks not correct

Media reports that Latvia has withdrawn from the talks on buying German company E.ON Ruhrgas 47.32% stake in the Latvijas Gaze gas supply company are not correct, Prime Minister Laimdota Straujuma (Unity) told reporters Tuesday night, cites LETA/Nozare.lv.

22.10.2014

Lithuania seeks to strengthen economic ties with Azerbaijan

Minister of Foreign Affairs of Lithuania Linas Linkevicius met with the President of Azerbaijan Ilham Aliyev and the Foreign Minister Elmar Mamedjarov in Baku on 21 October, and discussed ways to further strengthen bilateral relations and development of the EU Eastern Partnership, reports BC, referring to Lithuania's Ministry of Foreign Affairs.

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