Lithuania's Energy Ministry prepares natural gas capacity model

Friday, 14 August 2015

Lithuania's Energy Ministry has submitted for public harmonisation draft amendments to the Law on the Liquefied Natural Gas (LNG) Terminal. The amendments foresee consumer-favourable financing of security of gas supply - the so called natural gas capacity model.

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electricity price in Lithuania up by 3% last week

Friday, 14 August 2015

On 3-9 August, the average electricity price in the Nord Pool Spot Lithuanian bidding area was 3 percent bigger compared to the previous week, yet, it was lower than the price a year ago.

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Preparation of Special Plan on Gas Interconnection Poland-Lithuania begins

Friday, 14 August 2015

Amber Grid AB, the operator of Lithuania's natural gas transmission system, is continuing the preparatory works for the project on the Gas Interconnection Poland - Lithuania (GIPL).

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Eesti Energia will make redundant nearly 200 miners by the end of the year

Sunday, 12 July 2015

Estonia's state-owned energy giant Eesti Energia will make redundant nearly 200 miners by the end of the year since the demand for oil shale has fallen due to low prices of shale oil and electricity, Põhjarannik newspaper writes.

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Lithuanian MEP addresses European Commission over Nord Stream

Sunday, 12 July 2015

An address to the European Commission (EC) regarding gas pipeline Nord Stream has been submitted on the initiative of Member of the European Parliament Petras Austrevicius. The EC has been asked to evaluate the intentions to lay new gas pipeline Nord Stream from Russia to Germany through the bottom of the Baltic Sea. The EC has been also asked to evaluate the impact of the Gazprom's project on the European Union (EU) member states. The address was backed by signatures of a number of MEPs.

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