Both household consumers and industrial companies in Lithuania pay the smallest price for gas in the region, according to the newest report on European gas markets by the European Commission (EC).
© Shutterstock nuotr.

According to the report, in the second quarter of 2015, the average gas price for households in Lithuania was 0.045 EUR/kWh, in Latvia 0.0484 EUR/kWh, Estonia 0.0472 EUR/kWh, Poland 0.0492 EUR/kWh. In other words, gas price for Lithuanian consumers was 5-10 percent smaller than in neighbouring countries.

Non-household consumers also paid less for gas than neighbours. Based on the EC's report, the average gas price for non-household consumers in Lithuania was 0.0284 EUR/kWh, while the price in Poland was 10 percent bigger, in Latvia 18 percent bigger, in Estonia 20 percent bigger than in Lithuania. Even in Germany industrial consumers had to pay more for gas than those in Lithuania, the EC says.

"Finally, we have managed to make gas prices in Lithuania competitive. Objective data of the European Commission show that gas consumers in Lithuania not only pay the smallest price in the region, but also one of the lowest prices in Europe," said Lithuania's Energy Minister Rokas Masiulis.

It is forbidden to copy the text of this publication without a written permission from ELTA.

New trends in startup world: unicorns' aspiration is not key anymore

The question when the first unicorn with over 1 billion of US dollars in value will appear in the...

Shopping frenzy: biggest retail chains plans allocate millions of euros for new stores

Lithuania's five biggest retail chains – Maxima , Lidl , Rimi, Iki and Norfa – have...

Construction launched on EUR 15 mln hotel in Kaunas

Construction is being launched on a 15-million-euro Moxy hotel, part of the Marriott Group , in...

Revolut moves operation launch date in Lithuania (1)

The United Kingdom's fintech startup Revolut has moved the operation launch date of its specialized...

“Shazam” co-founder before his visit in Lithuania: it will be new experience



You need to fail and learn many lessons before you finally reach your success. This can be proved by...