EU regulators to look into Lithuanian measure for operation of LNG terminal
12/1/2022
(Reuters) - EU antitrust regulators launched an investigation into Lithuanian measures granted to Lithuanian liquefied natural gas importer Litgas for supplying a mandatory quantity of LNG to the LNG terminal in the port-city of Klaipeda between 2016 and 2018.
The EU Commission said the probe follows the EU General Court's partial annulment of an earlier Commission decision that approved the compensation to Litgas for the period in question, according to a statement.
(Reporting by Marine Strauss @StraussMarine; Editing by Benoit Van Overstraeten)
Sign up to Receive Our Newsletter
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
Comments