Gas prices for Lithuanian residents should not change as of July. The country’s National Commission for Energy Control and Prices is expected to decide on Thursday on the prices of gas supplied by Lietuvos Dujų Tiekimas. […]
Lithuanian President Dalia Grybauskaitė wanted to sack Diana Korsakaitė, the former chairwoman of the country’s National Commission for Energy Control and Prices, for her links to Icor business group, according to extracts of the president’s emails, published on Thursday. […]
Lithuanian Prime Minister Saulius Skvernelis calls for a probe into allegations by a former chairwoman of the Lithuanian National Commission for Energy Control and Prices that the president’s office put pressure on the energy market regulator over heating rates of Veolia‘s local subsidiary Vilniaus Energija (Vilnius Energy). […]
Diana Korsakaitė, former chairperson of the Lithuanian National Commission for Energy Control and Prices, told international arbitration about pressure made by President Dalia Grybauskaitė over heating tariffs of Vilniaus Energija (Vilnius Energy) that is operated by French concern Veolia, 15min.lt news portal said on Monday. […]
This is how we could describe the expensive maintenance model of Klaipėda liquefied natural gas (LNG) terminal, which exceeds the needs of the country by several times, Lietuvos žinios reported. The LNG terminal maintenance fee […]
The Lithuanian energy market regulator has slapped the district hearing supplier Vilniaus Energija (Vilnius Energija) with the maximum possible fine of 1.307 million euros for unjustified price increases between 2012 and 2014. […]
Electricity prices for household users in Lithuania will decline by an average of 5 percent next year, the National Control Commission for Prices and Energy said on Friday. […]
Lithuania’s energy market regulator has cut the tariffs of Vilniaus Energija (Vilnius Energy), a company owned by France’s Veolia, for district heating in an effort to return 24.3 million euros to Vilnius’ residents who were overcharged by the supplier. […]
Lithuanian and Polish energy market regulators have begun to investigate whether the Polish electricity grid operator PSE is violating European Union rules through its limit on Lithuanian energy imports. […]
Lithuania’s energy price regulators have released new rates of electricity for household users, cutting the price 5.4% on average. The new rates, set by the National Commission for Energy Control and Prices, will come into […]
The Baltic States are considering creating a single gas market that would facilitate gas trading among the three countries and may include Finland. […]
With the new year will come new changes to Lithuania’s tax codes and other laws that will change residents’ everyday lives and hopefully propel the country towards continued growth. […]
The National Commission for Energy Control and Prices has fined UAB Vilniaus Energija €600,000 for failing to provide required information during an audit of the company‘s activities in 2012-2014. […]
The National Commission for Energy Control and Prices has approved a methodology which will be used to set liquefied natural gas (LNG) prices for heat and electricity producers who are obliged to buy a set share of their gas from the LNG terminal in Klaipėda. […]
The Lithuanian parliament approved the new LNG terminal financing model on Tuesday, as the old model would have resulted in higher heating prices next year. […]
As natural gas consumption has dropped drastically in the energy sector, the minimum quantity of natural gas required for the operation of the Liquefied Natural Gas (LNG) Terminal will twice surpass the projected demand by energy producers. The designated supplier, company Litgas, forecasts that due to such changes in the market the average gas purchase price for energy producers may rise by approximately 50 percent. This shows that the existing designated supply model is no longer sustainable. […]
The European Commission and European Union (EU) member-states have approved financial support in the amount of EUR 27.4 million for the LitPol Link power interconnection between Lithuania and Poland, Litgrid AB, the Lithuanian electricity transmission system operator, reports. […]
Lithuanian President Dalia Grybauskaitė made her annual State of the Nation address at the Lithuanian parliament, Seimas, on Thursday. In her speech, the president mostly focused on national defence, security challenges stemming from Russia‘s aggressive policies, as well as emigration of working-age population. Grybauskaitė also stressed the need to work more on addressing social issues, particularly in childcare institutions. […]
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