Marko Allikson News Today

The annual general meeting 2023 of Nilar International AB was held today on 25 May 2023 in Täby and the following resolutions were passed by the meeting. Adoption of the income statement and... | May 25, 2023

Gas prices are volatile, so we will continue to see big ups and downs, energy expert Marko Allikson told Vikerraadio's morning show "Vikerhommik." Gas consumption must be reduced, Allikson said, as subsidies cannot alone cover the price increases in their entirety.

Estonian experts do not expect the price of gas to fall in the coming months and see no reason for it to do so until the end of the year. Currently, there is a shortage across Europe.

Since the deadline for the construction of a proposed Liquefied Natural Gas (LNG) terminal in Estonia is just six months away, this requires strong cooperation on the part of all parties, including the state, Martti Talgre, CEO of Infortar, one of the private firms involved in the project, says.

Exactly how Estonia will have to pay for imports of Russian natural gas in rubles, following an announcement from Russian leader Vladimir Putin that European customers would have to do just that, is not yet clear, Estonia's largest gas supplier, Eesti Gaas says.

Natural gas prices, recently experiencing record highs, may remain high into spring, ETV news show 'Aktuaalne kaamera' (AK) reported. Previously it had been hoped that prices would fall after winter.