Latvia: gas reserves to be created

Looking at the impact of growing gas prices on Europe, the Latvian government should think about ways of creating and managing different material reserves, wrote Latvia’s Minister of Defence Artis Pabriks on Twitter. The minister also said the Ministry of Defense was already working on solutions. Law on the State Material Reserves explains that nomenclature…

Estonia: Tallink Group Q3 2021 results bad

While ferry line Tallink Group had a better September this year than in 2020, while the third quarter, July-September, as a whole saw a poorer performance this year than last year, meaning recovery to pre-coronavirus levels was till some way off. Tallink Grupp CEO Paavo Nogene said: “The quarter periods in 2020 and 2021 have…

Ukraine: electricity exports increase

Ukraine’s electricity exports totaled 107.1 million kWh between September 27 and October 3, up by 25.9% from the previous week, the press service of NEC Ukrenergo reported. On September 21-26, the average daily exports from the Burshtyn Thermal Power Plant (TPP) rose by 35.8%, to 74.7 million kWh, and from Ukraine’s integrated energy system –…