bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Friday 31.07.2015 | Name days: Ruta, Rūta, Sigita, Angelika
LithuaniaLithuania

Lithuania not to get gas discounts

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN-NEWS.COM

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.


Leave a reply

  1. T|_d says:

    Russia has again excercised power on a country that does not observe the set direction…

    Thumb up 0 Thumb down 0

  2. samagotian says:

    Divide and Conquer Strategy…

    Thumb up 0 Thumb down 0

PHOTO: opening of Castle of Light restaurant «Klīversala»

The final chosen name for the restaurant of the Castle of Light will be Klīversala, as confirmed by Lauris Strenge, member of the board of OZRT, the restaurant’s manager.

UN resolution for MH17 crash tribunal vetoed by Russia

With the UN Security Council on July 29 voting on a resolution for the establishment of an international tribunal for trying perpetrators of the downing of MH17 passenger plane, Russia has used its veto much to international condemnation.

Protest-free removal of sensitive Soviet sculptures analysed in Lithuania

Last week in Vilnius, a sensitive symbol of the Soviet rule – statues of the Green Bridge – was removed. The long-prepared and much-discussed step was received without protests from the Russian-speaking community, unlike the relocation of the Bronze Soldier in Estonia in 2007.

Latvian coalition partners allow for possible government change

Even though all current coalition partners say they are not interested in government change, politicians allow for the possibility unofficially, adding that there will not likely be any changes in the coming month.

Baiba Rubesa becomes Chairperson of Rail Baltica joint company

Rail Baltica project’s joint management company RB Rail will be managed by Baiba Rubesa, as reported by Latvian Transport Minister Anrijs Matiss.

Latvians satisfied with euro quality but complain about small change

The majority of Latvians have gotten used to euro; they are satisfied with euro design, quality and security. They also note benefits with using euro – no need to exchange currency when travelling and relatively similar prices. At the same time, however, residents complain about the size of change.

Kazakhstan bans imports of Latvian, Estonian fish produce

Kazakhstan has issued a ban on imports of Estonian and Latvian fish products based on Russian findings of Russian food safety watchdog.

Residents’ deposits demonstrate an increase in June

The total volume of deposits in the banking sector has declined by 1.2% or EUR 271 million, according to information compiled by the Finance and Capital Market Commission about results of Latvia’s banks in June 2015.

Estonian Chancellor of Justice deems planned prison smoking ban unconstitutional

Estonian Ministry of Social Affairs has unveiled plans to ban smoking in prisons, while the country's Chancellor of Justice evaluates that the right to smoke is constitutionally protected.

Deputy Chief of SP Criminal Investigation Office dismissed from his post

Due to the criminal process launched by Corruption Prevention and Combating Bureau, deputy Chief of Criminal Investigation Office Gatis Gudermanis has been dismissed from his post.

LCCI meets with Russian trade and commerce chambers

The management of Latvian Chamber of Commerce and Industry departed for Russia on Tuesday, 28 July in order to meet with their Russian counterparts in Moscow and Nizhny Novgorod.

Largest Nordic cooperatives express interest for Latvijas piens

Danish-Swedish Arla Foods concern could be a potential owner of Jelgava’s Latvijas piens. This company was mentioned during talks regarding the sale of 55.36% of shares in Latvijas piens, according to unofficial information from LETA.

Russia's rouble down to four-month low against euro

Affected by growing global oil oversupply and falling oil prices, Russia's national currency – the rouble – has hit a four-month low against the euro.

Submission of candidates for post of NEMC Chairman open until 28 August

On 28 August, Saeima Human Rights and Public Affairs Committee announced the opening for submission of candidates for the post of Chairman of the National Electronic Media Council. Submission of candidates will remain open until 28 August.

State Police arrest 66 bribers in Zemgale region

Thanks to enhanced bribery-combating measures, Zemgale region’s State Police have managed to arrest a total of 66 individuals for bribery in the first half of 2015, as reported by Zemgale administration of State Police.

Fake Apple smartphone factory persecuted in China

Chinese police has raided a factory blamed for producing around 41 000 counterfeit Apple iPhones.

Russia bans multiple canned fish products from Latvia

From 1 August onward, canned fish products of Latvian compamies Ventspils zivju konservu kombināts, GAMMA-A, Sabiedrība IMS, UNDA and Saldus gaļas kombināts are prohibited to be imported to Russia, as mentioned in an announcement published on the website of Rospotrebnadzor.

NATO to discuss Turkey's involvement in warfare in Syria and Iraq

Representatives of the 28 NATO states are expected to hold an emergency meeting on Tuesday, July 28, to discuss Turkey's recent raids against the Islamic State group and Kurdish militants.

Consumption expenditure of Riga households on a rise

Average monthly household consumption expenditure per household member comprised EUR 299 in 2014, which is EUR 1.24 or 0.4% less in comparison with 2013. Taking into account the 0.6% increase of consumer prices, consumption expenditure at constant prices has reduced by 1.0%.

Construction costs dip 0.5% in Latvia in June 2015

Compared to May, the level of construction costs in Latvia had reduced by 0.5% in June 2015. Prices of building materials fell by 1.1%, maintenance and operational costs of machinery and equipment did not change significantly, but labour remuneration of workers increased by 0.6%.

Refugees may arrive in Latvia every three months

The 250 refugees Latvia has agreed to resettle will not arrive all at once. The process will take two years. It is likely that they will arrive in Latvia every three months, as noted by Latvian Interior Minister Rihards Kozlovskis during a visit of Saeima European Affairs Committee to Mucenieki refugee centre.

Olympic purchases 20 casinos in Latvia

Estonian gambling company group Olympic Entertainment Group (OEG) has acquired Latvian casino firm SIA Garkalns and its 10 gambling establishments in Riga and ten more in other Latvian cities.

Swedbank outlook: state budget expenses – how much and for whom?

Without political decisions to significantly increase tax revenue from GDP, it will not be possible to increase budget expenses in the next couple of years, believe Swedbank experts.

Eurotunnel under English Channel resumes normal operation after delays caused by migrants

Eurotunnel freight, car and passenger railway services are returning to normal schedule on Monday, July 27, after work overnight to clear delays following disruption caused by migrants.

Economic Diary of Latvia. A bit of demographic futurology

Population decline is becoming a real problem not just for the country’s economy, but also for the country’s existence as it is. Demographers warn: if Latvians continue breeding at the same slow pace and leave the country, Latvia’s population could potentially decline to 1.3 million by the middle of this century.

Newest comments