Energy

International Internet Magazine. Baltic States news & analytics Thursday, 30.07.2015, 23:14

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Kalvitis among candidates Latvijas Gaze CEO

Kalvitis among candidates Latvijas Gaze CEO

30.07.2015

Former Prime Minister Aigars Kalvitis is one of the five to six candidates running for the CEO at Latvijas Gaze, according to Juris Savickis, CEO of the company's shareholder Itera Latvija, writes LETA.

Keyword tags: Energy, Gas, Latvia, Legislation



Lithuanian PM wants a new shale gas bid

Lithuanian PM wants a new shale gas bid

30.07.2015

A new tender for shale gas exploration should be announced, thinks Lithuanian Prime Minister Algirdas Butkevicius, reports LETA/ELTA.

Universal electricity service user numbers are decreasing in Estonia

Universal electricity service user numbers are decreasing in Estonia

30.07.2015

Estonian main grid company Elering announced that according to statistics provided by Andmeladu, the data hub administered by Elering, the number of universal service users purchasing electricity is decreasing steadily, reports LETA.


Lithuania doesn’t give up plan to announce shale gas extraction tender in October

Lithuania doesn’t give up plan to announce shale gas extraction tender in October

29.07.2015

As the LNG terminal was opened in Klaipeda, the idea of shale gas extraction in Lithuania has lost its significance, although the Government does not give up plans to announce a new tender for investors in October 2015, reports LETA/ELTA.

In June, Lithuania's electricity price traditionally rose

In June, Lithuania's electricity price traditionally rose

29.07.2015

In June 2015, the average price for electricity in the Nord Pool Spot Lithuanian bidding area was 14% higher than in May and it reached 42.8 EUR/MWh. Compared to the same period last year, the price of electricity was 22% lower, reports BC Litgrid, Lithuania's electricity transmission system operator.

28.07.2015

Lithuanian Vilkyskiu Pienine signs contract on connection to gas distribution system

Lithuanian dairy Vilkyskiu Pienine AB has signed a contract on connection to a gas distribution system with the energy company Lietuvos Dujos AB. Gas supply to the dairy farm is expected from the fourth quarter of 2016, the dairy reports LETA/ELTA.

27.07.2015

Ministry lists biggest sponsors among Estonian state-owned companies

Over the past five years, the Estonian state-owned companies have allocated sponsorship money for 4.9 million euros, LETA/Public Broadcasting reports.

27.07.2015

Eesti Energia's market share fell to 60.1% at end-June

The market share of Estonian state-owned energy giant Eesti Energia in electricity sale was 61.6% at the end of June, by a 1.3% smaller than a month earlier, reported LETA, referring to Elering.

24.07.2015

Fortum Klaipeda intends to move from biofuel and incinerate only waste

Klaipeda combined heat and power plant Fortum Klaipeda intends to move from biofuel and incinerate only waste. Fortum Klaipeda power plant, operating since spring 2013, is generating heat and electricity by incinerating sorted municipal waste, non-hazardous industrial waste and biofuel, reports LETA/ELTA, referring to Vakaru ekspresas.

24.07.2015

Orlen Lietuva increases shipments to Latvia by 22%

The Lithuanian subsidiary of the Polish oil company PKN Orlen – Orlen Lietuva, has been able to increase its productions capacity in the second quarter of the year 2015 to 86%, but in June the company's production capacity reached 92%, the company informed LETA.

23.07.2015

Orlen Lietuva delivers good financial results in Q2

Orlen Lietuva benefits from restructuration and very favorable macroeconomical conditions in Q2 of 2015. Production capacity utlilization reached 86% (reaching 92% in June, which was the highest level since two years), informed BC company’s press service.

23.07.2015

Skonto buve continues liquidation of acid waste ponds in Incukalns

The Skonto buve construction company is continuing liquidation of acid waste ponds in Incukalns even though the State Environmental Service said yesterday that it would take the project over; likewise, the company's contract with the Environmental Service on liquidation of the acid waste ponds still stands, Skonto buve spokeswoman Ilga Sokolova told LETA.

22.07.2015

Latvia receives strong confirmations of support from U.S. in strengthening energy security

During her recent visit to the United States, Economy Minister Dana Reizniece-Ozola (Greens/Farmers) had several high-level meeting with U.S. officials, during which she received strong confirmations of support in opening Latvia's gas-market and strengthening energy independence, the Economy Ministry informs LETA.

21.07.2015

Renewable energy formed 16.7% Estonian total consumption in Q2

The consumption of renewable energy in Estonia grew in the second quarter of the year 2015 and formed 16.7% of total electric energy consumption, while being 14.2% at the same time last year, LETA/Public Broadcasting reports.

21.07.2015

Latvian Osukalns turnover grew by 41% in 2014

The turnover of the Jekabpils multi-branch company Osukalns increased by 41% in 2014, reaching EUR 28.72 million, as compared with EUR 20.37 million in the 2013, reports LETA, according to Firmas.lv information.

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