Litgas signs supply deal with Estonia’s VKG Gas

Litgas signs gas supply deal with Estonia's VKG Gas

Lithuania’s Litgas, part of the state-owned Lietuvos Energija, said it has signed the third gas supply deal with Estonian companies.

Supply of gas to VKG Energia of Estonia will start in March this year, the company said in a statement.

Litgas has already signed contracts with Reola Gaas , and Eesti Energia to which supply of gas will be started from the beginning of March.

In total, the company expects supplying up to 30 million cubic meters of natural gas to Estonia in 2015.

Last week, LITGAS signed an agreement with Latvijas Gaze regarding transit of natural gas through Latvia. Gas will be transported to VKG Energia subject to this agreement.

“These important contracts show that the Baltic gas trading market takes its first steps. Having developed the access to the international natural gas market through the LNG terminal, and having liberalized the Latvian market in the future, gas trading among the countries will be even more active,” General Manager of Litgas, Dominykas Tuckus, said.

Image: Klaipedos Nafta

Share this article

Follow LNG World News


<< Nov 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >