Metinė prenumerata tik 6,99 Eur. Juodai geras pasiūlymas
Išbandyti
2013 05 02

Lithuanian government has not made final decision on "25 percent rule" yet

The Lithuanian government has not yet made its final decision on scrapping a requirement for large gas consumers to buy at least 25 percent of their gas from the planned liquefied natural gas (LNG) terminal and will wait for the European Commission's decision on this matter, Prime Minister Algirdas Butkevičius has said.
„Gazprom“ dujotiekis
Gas pipeline / „Reuters“/„Scanpix“ nuotr.
Temos: 1 Achema, AB

"We are not approving this new model yet, seeing that the EC continues to analyze (complaints from Lithuanian gas consumers). We have no final answer from them yet, but from our communication with them, we already have an idea of what direction things are likely to take. Certain changes will be made then," he told Žinių Radijas radio station on Thursday.

The fertilizer manufacturer Achema has complained to the EU's executive body about the so-called "25 percent rule" and an extra gas transmission tariff component introduced in order to raise funds for the LNG terminal project. The company says that the extra charge alone will cost it around 80 million litas (EUR 23m) over two years.

The Energy Ministry has proposed a new model under which all regulated electricity and heat producers would be obliged to purchase gas through a state-authorized supplier, which, in its turn, would have to buy 540 million cubic meters of natural gas annually from the LNG facility. That would account for half of the terminal's capacity in its first year of operation.

Under the 25 percent rule, as it stands now, large gas consumers would have to purchase 25 percent of their annual gas supplies from the LNG facility and another 25 percent from Russia's Gazprom, which supplies gas by pipeline, starting in 2015.

Report mistake

Successfully sent

Thank you

Economy

Lithuanian producers of EPS on the way to circular economy
Gilužio Rivjera by the real estate company Homa – hundreds of apartments and millions in investment
Capitalica fund successfully issued bonds amounting to EUR 5 million to finance the Verde project in Riga

Feature

State Progress Strategy 'Lithuania 2050': will Lithuania become the 'Silicon Valley' of social enterprise?
Citus Experts: Planning to Furbish or Brush Up your Home Interior? Get Ready for a Brutal Run
How do the country's most desirable employers nurture IT talents?

Opinion

Ramūnas Vilpišauskas. The president’s achievements in Brussels were modest
Laurynas Jonavičius. Will the new German government’s foreign policy coincide with Lithuanian interests?
Eastern Partnership ‘beyond westlessness’: a new momentum for the European integration

Politics

Taiwanese Minister Ming-hsin Kung – about Lithuania’s strengths and the two countries’ looming plans
The double standards of “values-based policy”: Lithuania did not join the condemnation of Turkey
Behind the scenes of ambassadorial appointments: Seimas looking for clarification on continuing questioning at the Presidential Palace