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Friday, 22.11.2024, 21:15
Lithuanian gas market in 2018: without Gazprom discount, with intermediaries
Lietuvos Energija (Lithuanian Energy), the state-owned energy group that
includes the gas trading companies Litgas and Lietuvos Duju Tiekimas
(Lithuanian Gas Supply, or LTD), does not anticipate any major changes in the
market next year, either in terms of sales as it already has gas supply
contracts with most customers, or in terms of imports.
Achema Gas Trade, Achema's gas trade arm that launched
operations last fall, and Haupas, another gas supply company, expect to sell
more gas to their customers in 2018 than they did this year. Also, Estonia's
largest electricity producer Eesti Energia has obtained a gas supply license in
Lithuania and is set to launch operations in the country.
The companies would not disclose how much gas they plan to purchase, which
makes it difficult to predict how the proportions of gas supplied by Gazprom by pipeline and gas delivered
via the Klaipeda liquefied natural gas (LNG) terminal from Norway's Statoil and
other exporters will change. Also, Gazprom
is likely to sell gas to a part of its buyers via intermediaries rather than
directly.
Achema, Lithuania's
largest single natural gas consumer, next year is likely to use a similar
amount of gas this year as it did last year, at 13.5 terawatt-hours (TWh) in
total. The fertilizer manufacturer this year purchased around two-thirds of its
gas from Gazprom, with the rest
bought from Statoil through the Klaipeda LNG terminal.
According to information available to BNS, Achema next year plans to purchase Gazprom's gas via its German subsidiary Agro Baltic, which last
September was registered on the Agency for the Cooperation of Energy
Regulators' platform for energy market participants as a company operating in
the gas trade market.
Gintaras Balciunas, a member of the management board at Achemos Grupe (Achema Group), told BNS that he could neither confirm nor deny that Achema would in 2018 purchase gas via the German-registered company, which its fertilizers in European markets.
Lithuania's natural gas transmission system operator Amber Grid does not
release preliminary data on gas supply volumes in the full year 2017.
In the first three quarters of this year, almost 9 TWh of gas entered the
Lithuanian system by pipeline from Belarus to be supplied to Lithuanian and
other Baltic consumers and another 10.5 TWh came from the Klaipeda LNG
terminal. Some 2 TWh of gas were transmitted from Lithuania to the other Baltic
countries during the period.