Baltic, Energy, Estonia, Gas, Gas Market
International Internet Magazine. Baltic States news & analytics
Thursday, 28.03.2024, 17:42
Estonia's natgas imports climb 4.7% on year in February
The increase was a result of slightly colder weather in
February this year.
The smallest amount of natural gas that entered Estonia
during a 24-hour period was 1.4 million cubic meters and the biggest amount 3.7
mln cubic meters. In the estimates of Elering,
natural gas shipped from Lithuania accounted for 4.39% of imports.
Transit of natural gas via the pipeline system passing
through Estonia took place only in the direction from Latvia to Russia during
February and the amount that passed in that direction was 0.92 mln cubic
meters. In February 2016 transit in the same direction amounted to 76.2 mln
cubic meters.
The average price of natural gas traded on the Lithuanian
gas exchange GET Baltic was 20.93 euros per megawatt-hour. The comparable price
on the Finnish Kaasuporssi was 20.85 euros per megawatt-hour.
During the month, 183.7 mln cubic meters of natural gas was
extracted from the Incukalns underground gas storage facility in Latvia. Just
26.3% of the capacity of the storage facility was utilized as at the end of the
month.