Latest news
Finland and Estonia delay plan to build LNG plants
Projects to build a regional liquefied natural gas (LNG) import terminal in Finland will be deferred for an indefinite period, as stated by officials at the country's economy ministry on Wednesday.
read more... 02/10/2014
Plan for two LNG terminals in Finland and Estonia rejected by EU Commission
Finland and Estonia will have to go back to the drawing board with a mutual gas terminal project after the European Commission made known that a designed two-terminal model would not be qualified for subsidies, as stated by the Finnish government.
read more... 19/06/2014
LNG deal between Estonia and Finland
A transaction between Estonia and Finland has been signed on Friday aiming the construction of two liquefied natural gas (LNG) terminals on each side of the Gulf of Finland and a pipeline linking the two countries, as stated by Juhan Parts, the Estonian Economy Minister.
read more... 03/03/2014
Gazprom could face a 15 billion dollars fine from EU regulators
After a year-long investigation the EU regulators are preparing to charge Russian gas export monopoly Gazprom over suspected infringement of EU competition rules in member states including Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland and Slovakia, risking a fine of up to 15 billion dollars. Currently Gazprom supplies a quarter of Europe's gas consumption needs.
read more... 04/10/2013
Estonia: The first nation to meet the EU 2020 target
According to the grid operator Elering AS, Estonia’s share of renewable energy has increased by 2% in comparison to 2011 levels and currently stands at 14.9% of total consumption, which means that Estonia is the first country in the European Union to meet the 2020 renewables target.
read more... 21/05/2013