Latvia: Gas distributor Gaso’s change of ownership registered

Latvia’s gas distribution system operator, Gaso, has registered its change of ownership in the country’s commercial register, GlobeNewswire reports. Under a deal signed in April 2023, Estonian privately-owned gas company Eesti Gaas (Elenger) acquired 100% of Gaso’s shares from Latvian gas company Latvijas Gaze for EUR 122mn. Gaso is Latvia’s only natural gas distribution operator.

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Baltic: Baltic power grids to decouple from Russia by 2025: Estonian PM

The Baltic States will decouple from the BRELL power grid linked to Russia and Belarus in the beginning of 2025, Estonian Prime Minister Kaja Kallas announced, ERR reports. Earlier, Lithuania urged the Baltic States to synchronise their power grids with the continental European system ahead of schedule in 2024. Kallas noted that such a rapid…

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Latvia: Pres. Rinkevics to pay official visit to Lithuania

Latvia’s new president, Edgars Rinkevics, will pay an official visit to Lithuania on 19 July 2023, BNS reports. Rinkevics will meet with his Lithuanian counterpart, Gitanas Nauseda, and speaker of the Lithuanian parliament, the Seimas, Viktorija Cmilyte-Nielsen. The officials will discuss the decisions taken at the NATO summit in Vilnius, regional and energy security, and…

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Baltic: Decoupling from Russian grid impossible ahead of schedule

The Baltic States will not be able to decouple their power grids from the Russian-controlled BRELL system ahead of schedule in 2024, Rokas Masiulis, CEO of Lithuania’s electricity transmission system operator, Litgrid, stated, BNS reports. He said that the synchronisation process still depended on Estonia’s transmission system operator, Elering, which has said that Estonia will…

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Lithuania: Court upholds state’s EUR 240mn claim against Veolia

Lithuania’s Court of Appeal has upheld a ruling of the Vilnius Regional Court in the Energy Ministry’s case against French energy group Veolia, Baltic News Network reports. The court rejected appeals from Veolia, Vilniaus Energija, and Litesko against the Energy Ministry’s claim of EUR 240mn in compensation for damages caused to the state. The Court…

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Baltic: Officials discuss speeding up power grid synchronisation project

Senior officials from the Baltic states, Poland, and the European Commission met in Brussels and pledged to accelerate the synchronisation of the Baltic electricity grids with the continental European system, ERR reports. The current deadline for the synchronisation project is at the end of 2025. Timo Tatar, undersecretary of Estonia’s Ministry of Environment, said that…

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Lithuania: Ignitis to invest EUR 115mn in pan-Baltic EV charging network

Lithuania’s state-owned electricity supplier, Ignitis, will invest up to EUR 115mn in the development of an electric vehicle (EV) charging network in the Baltic States, GlobeNewswire reports. The investment will go towards acquiring EV charging stations. Ignitis plans to install up to 3,000 fast EV charging stations in the Baltic region by the end of…

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