Energy

International Internet Magazine. Baltic States news & analytics Thursday, 23.10.2014, 23:36

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

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

23.10.2014

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.

Keyword tags: Energy, Latvia, Legislation



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

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

23.10.2014

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.

Electricity bourse price grew nearly 10% in September

Electricity bourse price grew nearly 10% in September

23.10.2014

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.


LNG terminal – guarantor of Lithuania's energy security

LNG terminal – guarantor of Lithuania's energy security

23.10.2014

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.

Orlen Lietuva improves results in Q3 amidst pressure of operational costs

Orlen Lietuva improves results in Q3 amidst pressure of operational costs

23.10.2014

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.

22.10.2014

Lithuania-Norway cooperation is growing

President of Lithuania Dalia Grybauskaite met with the heads of 18 major Norwegian businesses and investment funds to discuss the investment climate and business opportunities in the country, reports BC presidential press service.

22.10.2014

EcoMin: EU’s proposals regarding greenhouse gas cuts will push Latvia back to Stone Age

The European Commission's latest proposals regarding greenhouse gas reductions is absurd, as far as Latvia is concerned, because for Latvia it will mean return to the Stone Age, Economy Minister Vjaceslavs Dombrovskis (Reform Party/Unity) told reporters after the Saeima Economic Committee's meeting yesterday, informs LETA/Nozare.lv.

22.10.2014

Latvian MFA: a common energy market should be strengthened in EU

On 21 October, the EU General Affairs Council convened for a meeting in Luxembourg. The central item on its agenda was preparation for the European Council meeting on 23-24 October. The Ministers also had a thematic debate on “Europe of Freedom, Security and Justice”, one of the priorities of the EU's strategic agenda, reports Latvian MFA.

22.10.2014

Latvia to send nine generators to Ukraine

The government today tasked the Interior Ministry to prepare a humanitarian aid shipment to Ukraine made up of nine generators, which will be transported to the country by the State Fire and Rescue Service, reports LETA.

21.10.2014

Grybauskaite: regional security – common interest of Baltic and Nordic countries

President of Lithuania Dalia Grybauskaite met with Sweden's new Prime Minister Stefan Löfven. During a working lunch, the President and the Prime Minister discussed bilateral relations between Lithuania and Sweden, security situation in the region, implementation of common energy projects, and cooperation in international organizations, informed BC presidential press.service.

21.10.2014

PM: State cannot afford to buy Latvijas Gaze shares from E.ON Ruhrgas

The state cannot afford to buy E.ON Ruhrgas 47.23% stake in the Latvijas Gaze gas supply company, Prime Minister Laimdota Straujuma (Unity) said in an interview with the Latvian State Television this morning, reports LETA.

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