Ukrainian subsidiary of Azerbaijan’s state oil company SOCAR (SOCAR Energy Ukraine) is operating as usual. “There are still enough fuel supplies, but there may be disruptions at some gas filling stations. We are doing everything possible to ensure that there is enough fuel for everyone,” the company said. SOCAR’s representative office was opened in Ukraine…
Estonia’s largest natural gas distributor network operator Eesti Gaas is cutting the price of gas for household customers by 8% from March, following the fall in world gas prices. Natural gas prices reached record levels in Estonia from last fall. “We have decided to lower the price of the flexible package for residential customers by…
The Competition Authority (Konkurentsiamet) has approved a 10% price hike for electricity grid distributor Elektrilevi’s connection fee. Elektrilevi has cited a rise in the cost of its transmission service as provided by electricity and gas supplier Elering, as well as a volatile electricity market and a 0.2% rise in the Competition Authority’s own fees. Mihkel…
The influence of the price of natural gas on consumption may be evaluated after some time, says gas transmission system operator Gaso chairman of the board Ilze Petersone-Godmane. She said currently there was information both about multiple legal persons considering restricting production and how residents were trying to save money and reduce costs. State support…
January heating bills in Vilnius will be 5% to 10% higher than in record-breaking December, according to Vilnius Heating Networks (Vilniaus Silumos Tinklai, VST), heating and hot water provider of the Lithuanian capital. Vilnius residents already paid record sums for heating in December 2021 when prices more than doubled compared to a year before. The…
The United States supports Ukraine’s efforts to connect with the European electricity grid, U.S. Secretary of State Antony Blinken has said in Washington. “We’re also supporting Ukraine’s efforts to connect with the European electricity grid, an initiative to which we have contributed more than $138 million in recent years. Ukraine’s grid is now ready and…
Azerbaijan became the main exporter of electricity to Georgia from January through November 2021, amounting to $24.5 million worth of exports. However, Georgia’s electricity imports from Azerbaijan in the reporting period of 2021 decreased by 16.9% compared to $29.5 million over the same period of 2020. Meanwhile, Russia became the second main exporter of electricity…