Latvia’s Office of the Prosecutor General has fined the local LPG supplier, Latvijas Propana Gaze (LPG), and its co-owner, Anatolijs Cernihs, for attempted violation of international sanctions, LETA reports. The prosecutor banned LPG from making any transactions with Belarusian companies for one year. The sanctions violation involved iron and steel products. The prosecutor confiscated EUR…
Finnish authorities announced that the prime suspect in the damage to the Balticconnector gas pipeline between Finland and Estonia is the Chinese cargo ship, NewNew Polar Bear, YLE reports. The damage to the gas pipeline and Finnish and Swedish telecommunications companies Elisa’s and Arelion’s data cables coincided with the ship’s journey, Reuters reported. The Finnish…
The Balticconnector gas pipeline between Estonia and Finland was damaged deliberately by human activity, Estonian Defence Minister Hanno Pevkur stated, ERR reports. The undersea gas pipeline was closed due to a leak. Pictures taken at the scene indicated that the damage was done by “something greater than a diver or unmanned submersible,” Pevkur said. He…
Finnish authorities suspect that Russia attacked the Balticconnector gas pipeline between Finland and Estonia, Finnish daily Iltalehti reports. The undersea pipeline in the Gulf of Finland was closed due to a leak on 8 October 2023. At the same time, telecommunications operator Elisa’s data cable between Finland and Estonia was damaged as well, ERR reports. Finnish…
The Balticconnector gas pipeline between Estonia and Finland has been closed due to a possible leak, ERR reports. Finnish gas transmission system operator Gasgrid Finland reported that the 77-kilometre undersea pipeline experienced a pressure drop in the early hours of the morning of 8 October 2023. The cause of the problem and the location of…
Latvia’s underground gas storage facility in Incukalns has enough gas for the winter season of 2023/2024, Climate and Energy Minister Kaspars Melnis assured, LSM reports. He said that gas transmission company Conexus Baltic Grid’s storage facility was now filled at 88.6% capacity, which is equivalent to over 20.2 TWh. Melnis noted that Latvia’s gas consumption…
Lithuania’s state-owned LNG terminal operator, Klaipedos Nafta, plans to expand the annual regasification capacity of its floating storage and regasification unit (FSRU), the Independence, from 3.75 bcm to 5 bcm, Baltic News Network reports. Earlier, the company planned to expand the Klaipeda-based terminal’s capacity to 6.25 bcm. CEO Darius Silenskis expects the company to make…
Estonia’s consumer price index (CPI) rose by 6.4% on year in July 2023, according to data from Statistics Estonia, ERR reports. Prices of goods rose by 8.1% and services by 3.1%. The increase in food and non-alcoholic beverage prices accounted for more than half of the total rise in consumer prices. At the same time,…
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.