Wed, 19 Sep 2012: Estonia positioned for Baltic LNG terminal…

We’ll see where it leads to,” he said, adding that the Finns announced only this year that they are interested and that makes the project much more expensive as an underwater pipeline ...

Wed, 29 Jun 2011: Bids received for nuclear project…

By utilizing ‘passive safety,’ the AP-1000 relies only on natural forces such as gravity and thermal convection to ensure the reactor is always in a safe condition. That means the plan...

Thu, 2 Dec 2010: Unbundling to benefit consumers…

dollars more per thousand cubic meters of natural gas than German consumers for the same gas. “I want to remind you that Lithuania is a member of the EU and because of that it must comply w...

Wed, 4 Aug 2010: Gas supply monopoly challenged…

The company disputes this, saying instead that unbundling will not bring in new suppliers, reduce the prices, or reduce Gazprom’s importance in the market. On July 28, the ruling coalition...

Wed, 14 Jul 2010: Pipeline project progresses…

The quality, quantity and pressure of the natural gas will then be measured.” The first pipe section of the Nord Stream Pipeline was pulled ashore on July 3 in Germany. “This constru...

Thu, 17 Jun 2010: Energy prices keep heading higher…

It is necessary that we increasingly use renewable energy sources for electricity and heat production in order to ensure price stability and full use of Latvia’s natural resources,” sa...

Wed, 5 May 2010: Transparency issues still plague business in Latvia…

This concerns not just the tax policy but also licenses, territorial planning and other factors,” said Slokenbergs. Although energy is a very important aspect in any business, the rules on...

Wed, 17 Feb 2010: International effort hopes to halt decline…

The law would be complied by 2012 and would come in force in 2014. “This is a highest priority for us, considering that, as compared to our total territory and population, our coastline is l...

Thu, 10 Sep 2009: Russia in push for market share…

Investors expected Russian supplies to decline this year after Putin's deputy, Igor Sechin, told OPEC in December that his government was ready to limit production to support prices. Instead, Ru...

Thu, 27 Nov 2008: Consumer confidence hits seven year low…

They started to realize that their expenses on electricity and natural gas are set to increase," Vilija Tauraite, chief analyst at SEB Bankas, told the Baltic News Service. People also take into c...

Wed, 30 Jul 2008: More pain for consumers as gas prices go up again …

He says that the government also has to introduce energy efficiency programs. The new tariff plan introduces changes in the tariff structure, increasing costs for all customer groups. According ...

Wed, 9 Apr 2008: Gazprom could help Latvia build new plant…

"Note that we are only interested in economic efficiency, to ensure that gas supplies are profitable," he added. Seleznyov spoke while Latvia is in the middle of an intense debate over how to pr...

Wed, 26 Mar 2008: Former Latvian PM: peat is best energy alternative…

"Would not a couple of peat-fueled electric power plants ensure our energy independence for a long time?" Skele's comments came just two weeks after the government approved a plan to build two new...

Wed, 13 Feb 2008: Latvian construction market at junction of major changes…

The new government, for instance, has already announced that the country needed to build two new power plants, one fired on natural gas and the other on coal. Geidans estimated that competition...

Wed, 10 Oct 2007: Ansip wary of Russian gas…

He said Estonia currently requires 1,600 megawatts of electrical output, though in 10 years this is expected to increase to 1,900 megawatts. He said the oil shale fueled generators, which were re...

Wed, 20 Jun 2007: EU commissioner says Gazprom won’t be exception to trade rules…

Specifically, Kroes said Gazprom would have to separate subsidiaries engaged in production and distribution of energy supplies. Gazprom, which is majority owned by the Russian state, extracts ...

Wed, 20 Jun 2007: Gazprom dashes Latvia’s hopes to store more natural gas in Dobele…

We are cooperating in another underground gas storage facility in Incukalns," Medvedev said. Gazprom has instead decided to build underground storage facilities in Britain and Germany. "It is no...

Wed, 7 Feb 2007: Piebalgs tries to assuage ‘energy dependence fears’…

Piebalgs, in turn, has found himself in the eye of a storm. However, the commissioner refuses to dramatize the situation. Russia, he said, is a reliable energy partner, and will remain so. Russi...

Wed, 15 Feb 2006: Latvian inflation shows no sign of abating…

Heating rose 3.4 percent in January, natural gas 19.1 percent and water 3 percent. New tariffs pushed up postal services by 48.2 percent as well. The statistics bureau noted that consumer price gr...

Wed, 11 Jan 2006: Latvijas Gaze to seek higher tariff…

"The agreement we have with Russia has been signed only for a year. An agreement on the amount of gas deliveries is valid until 2015, but it is planned to sign a new agreement on the price with [R...

Wed, 7 Dec 2005: Commissioner assures ecology will come first for controversial gas pipeli…

The agreement on the gas pipeline project was signed in Berlin in September by Russian and German leaders. But many experts claim the project could cause serious ecological damage if builders "stu...

Wed, 30 Nov 2005: Riga council members leave transport fares untouched…

Last week, the company's board proposed raising the fare 25 percent to 0.25 lat, since city authorities had stated that they would not grant the company the full 15 million lats. Instead, they off...

Wed, 31 Aug 2005: Lithuania ponders gas storage facility…

"If the supply of gas via Belarus is disturbed, the stocks of natural gas in the pipelines would only suffice for a fortnight. We need stockpiles for two months," Paliukas told the Vakaru Ekspresa...
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