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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 13:23

Eesti Gaas sells a fifth more natgas than last year in 9 months

BC, Tallinn, 20.10.2016.Print version
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.

The reason for Eesti Gaas' strong sales is the favorable price of natural gas, CEO Ants Noot said. "We have diversified our sources of supply and are able to import natural gas on competitive terms," he said in a press release.


Sales in September totaled 18.1 mln cubic meters, 0.2 mln cubic meters more than in the same month last year.


According to the company, use of compressed gas in transportation has increased. In nine months it sold 3.3 mln cubic meters of compressed gas, 37.5% more than during the same period of 2016.


The natural gas excise duty is slated to rise 20% from the beginning of next year.






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