As part of his working trip to Cherkasy region, Prime Minister Denys Shmyhal visited one of largest power generating enterprises Centerenergo. The Head of Government has accentuated it is crucial to complete all current repair activities at the enterprise before the start of the heating season. “We are preparing for one of the most difficult…
Poland’s State Treasury will buy out shares in the Polish Mining Group (PGG), Europe’s biggest coal mining conglomerate, from four shareholders in which the Treasury has stakes. The State Treasury will buy 20.43% of shares in PGG from PGNiG Termika, 15.32% of shares from PGE Gornictwo i Energetyka Konwencjonalna, 7.66% from Enea and 15.32% from…
With skyrocketing electricity and gas prices, businesses in Lithuania are looking for ways to save money. Business associations suggest that big firms could have their employees work on weekends, when electricity is cheaper. Meanwhile, trade unions say now is the time to talk about a four-day working week. The Lithuanian Business Confederation is calling on…
Environmental experts criticise Vilnius council’s plans to replace natural gas with mazut, low quality and very polluting fuel oil, to cut heating bills this winter. The capital’s authorities, however, say this is a temporary solution. Air pollution from burning fuel oil is up to ten times higher than from burning gas, says Aleksandras Chlebnikovas, a…
In August, Moldovagaz will pay $1,458.5 for every thousand cubic meters of natural gas bought from Gazprom, compared to $980, which was paid in July. Moldovagaz director Vadim Ceban made the statement on August 1. He said that the price was calculated according to the contract signed with the Russian concern. According to the contract…
As Russia is making sharp cuts to gas supplies to Europe through the Nord Stream gas pipeline, Europeans should give up Russian gas altogether, says Jaroslav Neverovic, a top adviser to Lithuanian President Gitanas Nauseda. Russia is clearly seeking to undermine Europe by cutting gas supplies, Neverovic, Lithuania’s former energy minister, has said. “This is…
Ukraine is preparing to export more electricity to consumers in the European Union, President Volodymyr Zelensky has said in his video address. “We are preparing to increase our export of electricity to consumers in the European Union. Despite such a war, we ensured the connection of Ukraine’s power grid to the energy system of the…