Masiulis: LNG terminal is game changer

Friday, 21 November 2014

Minister of Energy Rokas Masiulis welcomed the participants of the Baltic Energy Forum 2014. He emphasised that the Liquefied Natural Gas (LNG) terminal will change the rules that the energy market operates under. From now on gas price will be established based on economical and not political motives.

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Estonian Government reduces Eesti Energia's dividend payment by 20 million euros

Thursday, 20 November 2014

At its Thursday session, the Estonian government decided to reduce dividends paid this year by the state-owned energy giant Eesti Energia by 20 million euros to 93.6 million euros, Postimees Online reports.

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Finland and Estonia both to build LNG terminals

Wednesday, 19 November 2014

On 17 November Finland and Estonia reached an agreement to build two liquefied natural gas (LNG) terminals, connected by a pipeline across the Gulf of Finland by 2019.

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Viru Keemia Grupp wants to increase percentage of oil shale mining in Estonia

Tuesday, 11 November 2014

Viru Keemia Grupp applied to the Environment Ministry for the right to mine 4.3 million tonnes of oil shale, instead of the current 2.7 million tonnes, Eesti Päevaleht reports.

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Estonia might build a smaller LNG terminal of its own

Tuesday, 11 November 2014

Estonian Prime Minister Taavi Rõivas said on Monday in the parliament's foreign affairs committee that to achieve Estonia's long-term supply reliability, the plan is to build a smaller liquefied natural gas (LNG) terminal here, Postimees Online reports.

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