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International Internet Magazine. Baltic States news & analytics Tuesday, 28.11.2023, 20:28

Lithuanian energy regulator gives nod to Amber Grid’s development plan

BC, Vilnius, 01.10.2020.Print version
Lithuania’s National Energy Regulatory Council (NERC) on Thursday approved a network development plan of 2020–2029 of Amber Grid, Lithuania's gas transmission system operator, which plans to invest 229 million euros over the next few years, informs LETA/BNS.

Amber Grid stated on Thursday that it intended to implement investment projects to develop the gas transmission system, diversify the sources of gas supply in Lithuania and the region and ensure reliability of gas transmission system during the said period.

The key projects of Amber Grid would include the completion of the Lithuanian-Polish gas pipeline (GIPL) by the end of 2021. Another task would be to enhance gas transmission capacity between Lithuania and Latvia. The ten-year plan also outlined projects pertaining to modernization and digitalization of the country’s existing gas transmission network.

Investment in Lithuania’s gas transmission network should reach approximately 229 million euros within the next five years. Half of that amount would be spent on the implementation of GIPL project.

With competition in the liquefied natural gas (LNG) market still strong, the volumes of gas delivered to Lithuania and the Baltic countries via the LNG terminal in Klaipeda were expected to continue to exceed the volumes supplied from Belarus, the operator said.

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