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Gazprom cuts Q1 gas exports to Lithuania, Estonia
BC, Vilnius, 17.05.2016.
Print version
Print versionRussia's natural gas exports to Lithuania and Estonia declined sharply in the first quarter of the year 2016, while exports to Latvia, which will liberalize its gas market only next year, increased, reports LETA/BNS.
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According to the first-quarter export report by Russia's gas monopolist Gazprom, Lithuania reduced its Russian gas imports by 63.2% in January through March 2016 compared with a year earlier to 255 million cubic meters (mcm) and Estonia cut imports by 73.6% to 70 mcm.
Latvia imported 271 mcm of Russian gas during the three months, a rise of 68.3% year-on-year.
All major Lithuanian gas importers this year began to purchase gas from Norway's Statoil. Lietuvos Duju Tiekimas (Lithuanian Gas Supply) also continues to buy gas from Gazprom under a contract with a take or pay clause that expired last year.
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