International Internet Magazine. Baltic States news & analytics
Wednesday, 19.06.2013, 17:44
PKN ORLEN carries out Series B bond offer
19.06.2013Polish oil company which owns Lithuania-based oil enterprise ORLEN Lietuva – Polski Koncern Naftowy ORLEN Spolka Akcyjna (PKN ORLEN) informed about the results of series B bonds offer, issued within the public bond issue program, included in the prospectus approved by the Polish Financial Supervision Authority on May 24, 2013, the company PKN ORLEN said in a statement.
Keyword tags: Energy, EU – Baltic States, Investments, Lithuania, Oil, Transport
Estonia and Finland intend to develop cooperation of e-states
19.06.2013Estonia and Finland have never been as strongly integrated as they are today and that has been our purposeful choice, said the prime ministers of the two states, Andrus Ansip and Jyriki Katainen after their meeting in Tallinn on Tuesday, reported BC the government's press service.
EU Environment Ministers discussed the promotion of the use of energy from renewable sources
19.06.2013The EU strategy on adaptation to climate change, the Proposal for a Directive relating to the quality of petrol and diesel fuels and promotion of the use of energy from renewable sources, as well as issues related to the Rio+20 follow-up were discussed by ministers in the Environment Council meeting in Luxembourg, informs LETA/ELTA.
Finnish and Estonian PMs consider LNG terminal and gas pipeline as one
19.06.2013Finnish Prime Minister Jyrki Katainen and Estonian Prime Minister Andrus Ansip confirmed at a joint press conference on Tuesday in Tallinn that the liquefied natural gas terminal and the gas pipeline that will connect Estonia and Finland, the Baltic Connector, will be looked at as a whole as separately there wouldn't be any point to them, LETA/Postimees Online reports.
Lithuania's FinMin approves guidelines for Visagino Atomine Elektrine
19.06.2013Lietuvos Energija informed that in early June 2013, Lithuanian Ministry of Finance approved the Management Guidelines of the Lithuania-based company Visagino Atomine Elektrine, which is currently trust controlled group of companies of electricity generation, distribution and services, informed LETA Lietuvos Energija.
Heating debts at LVL 44.42 mln in May
Heating debts amounted to LVL 44.42 million in May 2013, reports LETA, referring to data collated by the Latvian Association of Local and Regional Governments (LALRG).
Klaipedos Nafta's plan for LNG terminal construction approved by authority
Lithuania-based oil company Klaipedos Nafta announced that the Special Plan for Construction of the Liquefied Natural Gas Terminal, Related Infrastructure and Gas Pipeline was approved by the Order of the Energy Minister of the Republic of Lithuania, dated June 13, 2013, informed LETA the company.
Saaremaa wants to launch free electric bus transport in 2012
Estonia's largest island Saaremaa intends to develop free public transport system based on electric buses that work on local energy by 2020, LETA/Saarte Hääl reports.
Eesti Energia opens Iru waste energy block
Estonian state-owned energy giant Eesti Energia will open on Tuesday the new mixed municipal waste-operated electricity and heating energy block of its Iru power station near Tallinn, LETA/Public Broadcasting reports.
Lithuania's small biofuel producers: exchange may mean end of business
Lithuania's small producers of biofuel fear that the new biofuel exchange model will be disastrous for their business, informs LETA/ELTA.
Grybauskaite's advisor: LNG project is carried out on schedule
Chief presidential advisor on economic and social policy issues Nerijus Udrenas says that construction of liquefied natural gas (LNG) terminal is proceeding on schedule and construction of the terminal is expected to approach the end by 2014, informs LETA/ELTA.
Fortum Klaipeda doesn’t bring much price reduction for heating
While implementing the project of Fortum Klaipeda power-station, which gets the heat from burning waste and biofuel, the focus was put on the possibility to gain independence from Russian gas and to reduce the heat price in Lithuania, reports LETA/ELTA, referring to Vakaru ekspresas.
Lithuania's PM interested in cooperation possibilities with Turkmenistan in gas sector
Lithuania's Prime Minister Algirdas Butkevicius during his visit to Turkmenistan on Monday toured the Turkmenbashi complex of oil refineries and was interested in the possibilities of cooperation with Turkmenistan in the sector of gas, informs LETA/ELTA.
Gasum doesn’t believe in Estonia's victory in the LNG terminal contest
The Friday issue of Helsingin Sanomat wrote that the Finnish natural gas company Gasum believes in the victory of the Finnish Inkoo in the competition between Estonia and Finland over building a regional LNG terminal, the location for which will be chosen by the European Commission, LETA/Äripäev writes.
Air quality through “green cities”: Commission’s initiative for 2013
French city of Nantes is the European Green Capital in 2013. The EU “Green Capital” initiative is a platform of interaction between the European and local levels, as well as between the decision-makers and the rest of society. The European Green Capital Award is this annual workshop where both the previous winners, future Green Capitals and shortlisted cities have the opportunity to share experiences and thoughts on urban sustainability.
Common European and global issues for G-8 summit 
