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Thursday, 27.10.2016, 21:37
stonia's liquefied natural gas supplier JetGas sees the possibility of gaining grounds on the Lithuanian market next year. The company's board member Janek Parkman told BNS that the company was interested in both construction of LNG stations in Druskininkai and industrial gas supplies in Rokiskis and Kelm, company's board member Janek Parkman told LETA/BNS.
Keyword tags: Baltic, Energy, Estonia, Gas, Gas Market , Lithuania, Markets and Companies
A Vilnius court has given the green light to the state energy group Lietuvos Energija (Lithuanian Energy) to continue the construction of a new biomass and waste-fired cogeneration plant in the capital, reports LETA/BNS.
After a five-year probe into the operations of the Russian gas giant Gazprom, the European Commission is close to a settlement with Gazprom which eastern European and Baltic countries probably will not like, according to the Financial Times reports writes LETA.
In the first nine months of 2016, Latvia's hydro power plants generated by 13.3% more electric power than in the same period in 2015, according to the information from the Central Statistical Bureau writes LETA.
Latvia's Augstspriegumu Tikls power transmission system operator has submitted a new tariff project to the Public Utilities Commission (regulator), planning an 8-13 percent tariff hike, the company said in a statement published on Latvia’s official gazette Latvijas Vestnesis, noted LETA.
The state owned Estonian energy group Eesti Energia that is about to start selling natural gas to households in November is targeting a market share of 20 %, Eesti Paevaleht article noted LETA/BNS.
Gas interconnector between Finland and Estonia will boost security of supply and bringing economic lift to the region. When the gas starts flowing in 2020, the project will unite the Eastern Baltic Sea region with the rest of the EU energy market. This and other project are parts of the EU’s energy union and aim at building missing energy links, improving supply and ending the energy isolation of the Baltic States.
Enefit Outotec Technology (EOT), a joint technology development venture of the Estonian state owned energy group Eesti Energia and the listed Finnish technology services company Outotec, has recently tested oil shale from several countries, including China, Mongolia and Burma, with a view to its commercial use, reports LETA/BNS.
The NordBalt power interconnection between Lithuania and Sweden is back in service on Friday after an outage of several hours due to unknown reasons, reports LETA/BNS.
Estonian natural gas seller Eesti Gaas sold 328 mln cubic meters of gas in nine months of 2016, an increase of 18 % compared to 277 mln cubic meters a year ago, informs LETA/BNS.
A Vilnius court has slashed the fine imposed by the competition watchdog for Vilniaus Energija (Vilnius Energy), Lithuania's biggest district heating supplier controlled by France's Veolia, by nearly 2 mln euros to 17.104 mln euros. The fine for Estonia-registered biofuel supplier First Opportunity (formerly Bionovus) has been reduced by 352,900 euros to 3.176 mln euros.
Lithuania will start lacking electricity in just over a decade and power interconnections will not be enough, if no changes are made, says Energy Minister Rokas Masiulis, adding that the country should consider construction of gas-powered or nuclear plants, reported LETA/BNS.
The state will have to provide co-financing of approximately EUR 100 mln for implementation of the rail electrification project, as Latvijas Dzelzcels railroad company's head Edvins Berzins said in an interview with LNT television, writes LETA.
With prices in Nord Pool's fourth Swedish bidding area having reached the same average level as in Lithuania, electricity is flowing from Lithuania to Sweden via the NordBalt interconnection, writes LETA/BNS.
The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 38.4 euros per megawatt-hour, up by 1.4% from a week earlier, but down by 40% from a year earlier, Litgrid said on Monday.