After Lithuania’s decision to obtain energy independence by separating its gas company into two different parts, Russia has punished it by not reducing the price for gas, as it was done in Latvia and Estonia.
Latvia and Estonia will get 15% discount in 2011, while the price for Lithuania was not cut.
Lithuania has been trying to seek for energy independence for some time already, especially, in the sector of gas, therefore currently it is splitting the sector into two parts – transmission and production, thus trying to avoid the possibility for monopolistic pricing schemes.
Gas prices will be cut for Latvia, as they have undertaken to resume gas consumption up to levels of 2007. We have resolved this issue. Regarding Estonia, the decision is positive as well, says Gazprom vice-president Valery Golubev.
He adds there are no reasons to cut prices for Lithuania.
Golubev points out they do not see why Lithuania is carrying out the EU’s third energy package. For the time being the European Commission has not initiated any negotiations with respect to gas in Lithuania, explains Golubev.
- Lithuania Prime Minister: Russia is blackmailing us
- Kampars: Latvia and Gazprom has shared views on constructive cooperation
- Latvijas Gāze agrees with Gazprom on 15% lower gas purchase price
- Savickis: the new contract with Gazprom can reduce gas price by 10-15%
- Gazprom pledges to delight Latvian consumers
- Gazprom offers Eesti Gaas 10 % cheaper price formula
This week, President of Latvia Andris Berzins was in the centre of attention due to his, as politicians put it, irresponsible behaviour. Given this notable fact, it is worth mentioning how the head of Riga Castle became the manager of Unibanka and earned millions.
Estonian and Finnish prime ministers have put their e-signatures under an inter-governmental agreement regarding cooperation in e-governance. This might be the first case of signing a government level bilateral document on computers.
'President Andris Berzins promises to offer Latvia's residents some very good home-made wine, which still needs a bit more time to reach an appropriate quality, as he describes the government formation process. But the wine he promises has been ready the past two years since the Order number 2 of then the President Valdis Zatlers.
The Supreme Court of Russia has ordered a review of the verdict that imprisoned members of Pussy Riot protest group in 2012. The verdict is said to be lacking key evidence.
The pope of the Roman Catholic Church has become the person of year as selected by «Time» in the U.S. The title, which has also been given to Joseph Stalin and Adolf Hitler was attributed to the pope for gaining large support within the vast Catholic community.
Residents of Latvia's capital city of Riga wait through long queues in order to be issued their personal Riga Resident Card, which provides them with discounts when using public transport.
Reconstruction of the second bloc of Riga TEC-2, which was both visually and technically outdated since the '70s, concluded this week. Equipment there was replaced with their modern counterparts, ensuring an increase of approximately 200 MW of power for the station.
Eurozone's economy is expected to grow 0.9%, followed by 1.6% in the next three years. Eurozone will likely conclude 2013 with a 0.5% reduction of its GDP.
Contrary to the wish of the now resigned Prime Minister Valdis Dombrovskis to see a new government formed this year, President of Latvia Andris Berzins has decided to take a break in this long and complicated process. It seems like he is lost in his own criteria and is incapable of justifying his own actions and decisions.
Ukraine's opposition leaders have rejected president Yanukovych's offer for talks, after the police attempt to force protesters out of Independence square in Kyiv. U.S. state department says it is considering sanctions against the country.
In order to allow resident to vote in advance, allowing authorities to keep their votes in safe storage until Saeima elections, and make this process more convenient for soldiers stationed abroad, the Saeima will review amendments to the Law on Pre-election Campaign Before the Saeima Elections on December 12.
The fire that devastated Riga Castle on June 20 was caused by an unchecked fire source, as the experts hired by Valsts nekustamie īpašumi (VNĪ) concluded in their report.
Compensations to Zolitude tragedy victims up to this point have been paid for a total amount of LVL 126,000.
The General Assembly of Uruguay has passed a bill that allows growing, sale and consumption of marijuana on December 11.
Before State Police can finish its investigation into the cause of the fire that devastated Riga Castle this year, Valsts nekustamie īpašumi (VNĪ) decided to send the company managing the construction work there – SBRE – a letter with conclusions of experts hired by VNĪ.
President of Latvia Andris Berzins will not ask any of the proposed candidates to form the next government.
Economy Ministry has received information about the technical state of most buildings of public interest in Latvia. Conclusions of inspectors are not good. Inspectors have found flaws and inconsistencies with in some documents. 38 buildings are considered dangerous to visit; 31 of them are located in Riga, says Economy Minister Daniels Pavluts.
In France, the head of breast implant manufacturer PIP has received a prison sentence over fraud. The defective silicone implants have been inserted in breasts of around 300 thousand women in 65 countries.
The now resigned Prime Minister of Latvia Valdis Dombrovskis says talks in regard to the formation of a new government do not include the possibility of having him lead the next government.
Ukraine's opposition in Kyiv has announced its conditions for the start of talks with the authorities. During the night, riot police has stormed barricades and protest camp injuring several protesters.
There are three individuals in Latvia who have been nominated for the European Person of the Year Award – Judge Egils Levits, European Parliament depute Inese Vaidere and the now resigned Prime Minister of Latvia Valdis Dombrovskis, as reported by the head of European Movement Latvia Zanda Dudina.
It is likely that revenue of Maxima has reduced by one-fifth since the tragedy in Zolitude, says one of the owners of Maxima Ints Staskevics.
Unity admits that Defence Minister Artis Pabriks lacks the support of the majority of Saeima to become a successful candidate for the post of Prime Minister. Therefore, the party has decided to choose a new potential candidate, says the head of Unity’s Saeima faction Dzintars Zakis.
Many British employers prefer to hire foreigners, because they are hard-working and responsible, while locals are lazy, have scary tattoos, often big-headed and would much rather live off benefits, as it was revealed in a recent survey by Daily Mail.
After holding talks with the President of Latvia Andris Berzins, the Co-Chairman of National Union (VL-TB/LNNK) had the impression that the President will not likely announce the name of the chosen Prime Minister candidate this Wednesday.
- Lithuania: EU right to free movement is a value not to be abused
- As protests in Ukraine protests continue, president calls EU offer humiliating | 1
- SEB Bank to fund construction of a modern business centre in Vilnius
- Lithuania urges Israel to stop building settlements on occupied land
- Survey in Lithuania: car owners are scared the most of hijackers
- European Commission urges Russia to lift «unjustified» border checks for Lithuanian transport
- EU transport ministers to improve «single European sky»
- Lithuania urges EU to show solidarity over Russia's customs measures
- NATO commends Lithuania for increasing defence budget | 1
- Baltic's only oil refinery plans building pipeline to port of Klaipėda
Top 5 Business news
- Inspectors find cracks in supporting structures and walls of Rimi and Maxima
- Latvenergo recognized as Latvia’s safest company
- Latvia is ranked 30th in the Global Talent Competitiveness Index 2013
- Swedish said to be spying on Russian companies in Baltic states
- Economic Diary. Construction sector requires capital repairs
Top 5 Social news
- EU police arrest a group of Latvian payment card fraudsters
- Minister: many rulings of Riga Regional Court were made in the interest of specific people
- Tech Industry 2013 at Kipsala Exhibition Centre
- Lithuania: EU right to free movement is a value not to be abused
- WM: victims of Zolitude tragedy will receive compensation before the end of 2013
Top 5 World news
Top 5 Video
Ahalya @ 2013-12-12 16:28:09
Davo @ 2013-12-11 18:25:10
Josh @ 2013-12-11 18:24:03
Clive @ 2013-12-10 21:10:20
martin @ 2013-12-10 13:06:53