PGNiG said in a press release its subsidiary PGNiG Upstream Norway expected to extract 3 billion cubic metres of natural gas in 2022, 0.5 billion cubic meters more than originally planned, 2.5 billion cubic meters in 2023 and 2.9 billion cubic meters in 2024. The Polish gas giant also predicted it would extract 863,000 tons…
The Energy Ministry has drafted legislation banning Russian natural gas supplies to Lithuania. If passed, the amendments to the Law on Natural Gas will bar access to Lithuania’s gas transmission system and its LNG terminal to suppliers from countries deemed as posing a threat to national security. The ban will not apply to gas transit…
NNEGC Energoatom and the U.S.-based Westinghouse continue their joint work on the project of construction of new AR-1000 power units at Ukrainian NPPs, by Energoatom CEO Petro Kotin has said commenting on the prospects of nuclear energy in Ukraine. “We have signed really high-level documents with the American side, Westinghouse, on the construction of our…
Lithuania could synchronise its electricity grid with continental Europe faster than planned, provided it postpones other infrastructure projects, according to the Energy Minister Dainius Kreivys. “I tried to make our position clear that we need faster synchronisation,” he told reporters after an extraordinary meeting of the EU Transport, Telecommunications and Energy Council in Brussels on…
President Volodymyr Zelensky has stated that Ukraine is ready to supply electricity to Bulgaria. He said this at a press briefing following his meeting with Prime Minister of Bulgaria Kiril Petkov. “We have discussed cooperation in the energy sector. Ukraine is ready to supply electricity to Bulgaria. We are also interested in diversifying gas supplies…
The Estonian Peat Association has proposed the creation of a strategic peat reserve and compensation for the price difference caused by CO2 quotas. The Ministry of Economic Affairs and Communications said that while producers were free to approach district heating providers, there were no measures for CO2 component compensation. The association wrote in its letter…
From May 1, onward the heating energy price will be nearly 200 EUR/MWh without VAT, according to the decision made by the Public Utilities Commission (SPRK). From May 1 until December 31, the heating energy tariff set by LLC Rezeknes Siltumtikli will be 198.13 EUR/MWh, which is 4.6 times above the current tariff – 42.8…