The National Commission for Energy Control and Prices (VKEKK) has established prices for services to be provided by the Liquefied Natural Gas (LNG) terminal in 2015. The Commission has ascertained that in the nearest future gas price will decrease and cost of heat generated using gas will not rise.
LNG terminal "Independence"
© DELFI / Šarūnas Mažeika

The VKEKK confirmed that the LNG terminal's maintenance cost (the so called additional security component) will stand at LTL 7.41 (EUR 2.15) per megawatt hour in 2015, after the compensation to consumers is applied. The rate is lower by more than LTL 2 (EUR 0.58) than the one set previously.

The tariff was reduced after using LTL 100 million (EUR 28.9 million) saved on the terminal's construction. The Government decided that this amount collected throughout 2013 will be distributed as compensation in the next two years.

The VKEKK also established LNG transhipment tariff - EUR 1.14 per megawatt hour. Income received from these activities will also reduce the security component to Lithuania's consumers.

Lithuania to step up visa issuance for foreign startups

Lithuania will start issuing visas to businessmen establishing startups in the country faster as of...

Lithuania's aviation group buying UK's charter airline

Avia Solutions Group , an aviation group owned by Lithuanian businessman Gediminas Ziemelis , is...

Training center to replace old correctional facility in Vilnius

The demolition of an unused complex of buildings that used to house a correctional facility will...

120 million EUR will be provided for European beekeepers

The European Commission will provide €120 million to the EU's beekeeping sector over the next...

Court: Lithuanian companies don’t have to pay million-worth fine to Serbia

Arvi , a Lithuanian fertilizer, fodder, sugar and turkey meat production group owned by businessman...