Natural gas prices for almost half a million Lithuanian households that use the fuel for cooking fell by almost 8 percent on Jan. 1, 2018, but prices for consumers using it to heat their homes remained unchanged from last year's levels.
© Reuters/Scanpix

Mantas Mikalajūnas, CEO of the state-owned gas supply company Lietuvos Dujų Tiekimas (Lithuanian Gas Supply, or LDT), says that the 2018 prices are some of the lowest in the past 10 years.

The price of natural gas for around 468,000 customers using up to 500 cubic meters per year declined to 0.59 euros per cubic meter, from 0.64 euros.

Natural gas prices last July rose by 5-8 percent due to the expiry of a price discount obtained from Russia's gas giant Gazprom in the spring of 2014.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Akmenė awaiting ground-shaking investment

Lithuania's northern district of Akmenė barely lags behind other cities in Šiauliai County in terms...

Minimum wage may rise to EUR 430 next January - PM

Lithuanian Prime Minister Saulius Skvernelis says that, based on updated earnings growth forecasts,...

Smart Continent LT to assess Vilnius' attractiveness among investors

Smart Continent LT will assess the attractiveness of Vilnius and its five foreign competitors among...

Tax credit brings 25 million-worth of investment to Lithuania – film center

A tax credit has brought in 24.4 million-worth of investment from foreign film makers in Lithuania...

Baltics to get more of US attention due to Blackstone investment – experts

The decision by a consortium led by private equity funds managed by Blackstone to invest 1 billion...