Baltic States

Power Markets

Sweden set to become NATO's 32nd member as PM gos to Washington

Sweden is expected to officially sign up with NATO in Washington on Thursday, two years after Russia's intrusion of Ukraine forced a total reassess of its nationwide security policy and the realisation the alliance provided the best assurance of security. Swedish Prime Minister Ulf Kristersson is in Washington to hand over the final documents, with the White House saying in a statement ahead of President Joe Biden's State of the Union Address that Sweden would join on Thursday. Having Sweden as a NATO Ally will make the United States and our Allies even safer, the declaration said. The Swedish government...

Nuclear Power

Sweden signs up with NATO as war in Ukraine triggers security reconsider

Sweden signed up with NATO in Washington on Thursday, two years after Russia's. invasion of Ukraine forced it to rethink its nationwide security. policy and conclude that assistance for the alliance was the. Scandinavian nation's finest guarantee of security. Swedish Prime Minister Ulf Kristersson turned over the final. documents to the U.S. government on Thursday, the last action. in a dragged out process to secure the backing of all members to. sign up with the military alliance. Advantages concern those who wait, U.S. Secretary of. State Antony Blinken said as he got Sweden's accession. documents from Kristersson. Blinken said everything...

Energy Markets

Green scepticism greater in EU than in neighbours, EBRD finds

Scepticism towards environment modification and the green transition is greater in lots of European Union members than in neighbouring nations, the European Bank for Reconstruction and (EBRD) has actually discovered. The EBRD's study for its 2023/2024 transition report shows sceptics and disengaged people were most typical among a number of eastern European EU member nations on which it focuses than in the likes of non-members Tunisia, Moldova and Azerbaijan. Our expectation was that there would be greater assistance for the green shift in the EU, but what we see is the opposite, Chief Economist Beata Javorcik informed in an interview...

Natural Gas

EU's Russian gas exit ought to be written into law, states Lithuania

The European Union must repair into law its plan to stop Russian gas by 2027, Lithuania has said, in a file seen that EU nations' energy ministers will go over next week. Europe's gas imports from Russia have plunged given that Moscow's. 2022 invasion of Ukraine, and the European Commission has. suggested Europe must end its reliance on Russian fossil fuels. by 2027. But EU nations have so far avoided using sanctions to. imports of Russian gas or melted natural gas, on which. nations consisting of Austria and Hungary are still greatly. dependent. A document prepared by Lithuania, seen on....

Natural Gas

Finnish probe into Balticconnector gas pipe damage ought to yield outcomes - minister

A Finnish investigation into the damage of the Balticconnector gas pipeline last year has actually moved forward and is most likely to reveal a conclusion, Foreign Minister Elina Valtonen told on Thursday. The subsea pipeline between Finland and Estonia and numerous telecoms cable televisions in the Baltic Sea were harmed in October and Finnish authorities have been examining whether this damage was brought on by an intentional act or a mishap. This investigation is unlikely to be inconclusive, Valtonen said in an interview. Finland is complying with China to investigate the function of Hong Kong-registered cargo vessel NewNew Polar Bear,...

Oil & Gas Transportation

Germany develops LNG import terminals

Personal business Deutsche ReGas on April 3 ended a gas shuttle bus service from storage vessel Seapeak Hispania to the Baltic Sea port of Lubmin. The stop was in preparation for moving the drifting storage regasification system (FSRU) Neptune, moored in Lubmin, to its new Mukran port terminal on nearby Ruegen island. The Neptune had actually gotten its liquefied natural gas (LNG). freights first by means of the Seapak Hispania, another storage vessel,. in a shuttle bus set-up accounting for shallow water. The business said this is the primary step towards moving. its LNG operations from Lubmin, where they began...