Lithuania expands gas trading with Estonia

Lithuania’s state-controlled natural gas supply and trading company LITGAS will provide Estonia with 30 million cubic metres of natural gas in 2015 in a move set to reduce reliance on Russian energy
----------------------------------------------
Gas pipelines

FINLAND

Baltic Sea

Tallinn

ESTONIA

Riga

LITHUANIA

Vilnius

RUS.

POLAND

RUSSIA

LATVIA

BELARUS

30km 50 miles

Klaipeda: Running at full capacity of 4bn cubic metres, LNG terminal could cover 80 percent of Baltic region’sgas needs, cutting dependence on Russian supplies
------------------------------------------
ENERGY INDEPENDENCE

Aug 2014: LITGAS signs contract with Norway’s Statoil to supply 540m cubic metres of natural gasper year – enough to cover aboutone quarter of its needs

Dec: Lithuania’s liquefied natural gas (LNG) terminal in port of Klaipeda commences operations

Jan 2015: Lithuania signs contracts with Estonian energy firms Reola Gaas and Eesti Energia to supply natural gas

Feb 20: LITGAS signs transit deal with Latvian grid operator Latvijas Gaze to ensure gas shipments to Estonia

Feb 23: Third gas supply dealsigned with Estonia’s VKG Energia.Deliveries to commence in March
--------------------------------------------
PERCENTAGE OF NATURAL GAS IMPORTS ORIGINATING FROM RUSSIA, 2013

0-49% 50-99% 100% Not in European Union / no data

Until end of 2014, Russia’s Gazprom was sole gas supplier to Lithuania and Estonia. In 2012, Gazprom imposed gas price on Lithuania 30 percent higher than European average as punishment for moves to strengthen
its energy independence

Detail map
-----------------------------------------
Sources: Eurostat, wire agencies

words 233