International Internet Magazine. Baltic States news & analytics
Sunday, 29.11.2015, 21:27
If the transmission system operator Elering invested 20 million euros annually over the next decade, network charges would rise by 10.3% at real prices, it appears from an analysis of the impact of investments on network fees carried out by the Estonian Competition Authority, informs LETA.
Keyword tags: Energy, Estonia, Investments
Joint-stock shipping company Latvijas Kugnieciba (Latvian Shipping Company) and its subsidiaries (LSC Group) recorded a loss of USD 1.41 million for the first nine months of the year, according to the company's financial report submitted to the ''Nasdaq'' Riga Stock Exchange, informs LETA.
Joint-stock oil company Ventspils nafta and its subsidiaries operated with EUR 26.89 million in profit in the first nine months of the year 2015, informs LETA, according to the company's financial report submitted to the ''Nasdaq'' Riga Stock Exchange.
Prime Minister Taavi Rõivas met with the President Xi Jinping and with Minister of Finance Lou Jiwei in Beijing on November 26th within the framework of his visit to China, reported BC governmental press service.
On November 26th, Latvian Saeima approved the National Security Concept prepared by the cabinet of Ministers and endorsed by the National Security Council, informs LETA.
NordBalt and LitPol Link, Lithuania’s electricity interconnections with Sweden and Poland currently in testing, will be added to trading on the electricity exchange Nord Pool Spot in a couple of weeks, informs LETA/BNS.
Latvijas Gaze natural gas utility wants to dominate in the Baltic region and supply gas to the Baltic market after its liberalization, the company's CEO, Aigars Kalvitis, said on Latvian Radio on Thursday, cites LETA.
The Estonian government on November 26th approved a bill according to which the Estonian state-held energy company Eesti Energia would pay 62 million euros of dividends this year instead of the 95 million euros initially planned to guarantee the preservation of the company's financial ratios, but the government is to collect the 33 million euros next year, informs LETA/BNS.
Danpower Baltic, a German-Lithuanian joint venture, has applied for approval from Lithuania's competition watchdog to purchase Marivas, the owner of three biomass heating plants that is indirectly controlled by Icor's shareholders, in a deal that is expected to make Vilnius' district heating market more transparent, informs LETA.
Lithuania's electricity transmission grid operator Litgrid and its subsidiaries on Wednesday reported 73.176 million euros in revenue for the first three quarters of 2015, down 16% from 87.075 million euros in the same period last year, informs LETA/BNS.
Russia's gas giant Gazprom will from January 2016 pay less for the transit of gas via Lithuania to Russia's Baltic Sea exclave of Kaliningrad after Lithuania's energy market regulator on Wednesday approved new tariffs for Amber Grid's transmission services, informs LETA/BNS.
Klaipedos Nafta (Klaipeda Oil), the Lithuanian petroleum product terminal operator, has resumed the reloading of vacuum gasoil from the Mozyr oil refinery after a nearly decade’s break and hopes that the flow of this type of cargo from Belarus will become regular, informs LETA/BNS.
In 2014, records of pollutants emitted into the atmosphere in Lithuania were kept by 562 enterprises
Statistics Lithuania informs that an annual publication Natural Resources and Environmental Protection 2014 has been released. The statistical publication Natural Resources and Environmental Protection provides statistical information on natural resources and their use, the state and protection of the environment.
Euromin Holdings (Cyprus) Limited (Euromin), a company of Vitol Group, has increased its stake in Latvia's Ventspils nafta holding company to 98.96% after the mandatory buyout offer, Euromin said in an announcement to "Nasdaq Riga" stock exchange, cites LETA.
The Estonian state-owned energy company Eesti Energia is preparing to write off Utah and Auvere investments in most part already in 2015, the daily Eesti Paevaleht reports, cites LETA.