Latvia: Gas storage hub to open for Lithuania, Estonia, Finland

The Latvian parliament, the Saeima, has approved in final reading amendments that will allow Lithuania, Estonia, and Finland to store strategic gas reserves at the underground gas storage facility in Incukalns, LSM reports. The three Baltic States have earlier signed solidarity agreements on gas supplies. The amendments will also free the operator of the Incukalns…

Read More

Lithuania: Ignitis Renewables, Ocean Winds winners of offshore wind auction

Lithuania’s National Energy Regulatory Council (VERT) is due to declare state-owned renewable energy company Ignitis Renewables and its strategic partner, Spain-based Ocean Winds, as provisional winners of Lithuania’s first auction to develop an offshore wind farm, GlobeNewswire reports. The two companies bid EUR 20mn for the contract, under which they will obtain the right to develop…

Read More

Latvia: Latvian Railways to auction 5,000 tonnes of ferrous scrap metal

Latvia’s state-owned railway company, Latvijas Dzelzcels (Latvian Railways), has announced an auction of 5,000 tonnes of ferrous scrap metal on 12 July 2023, DELFI reports. The starting price will be EUR 300 per tonne. The items available for bidding include used railway rails of various lengths, turnout parts, rail fasteners, car retarders, and various rolling…

Read More