Amber Grid, the Lithuanian gas transmission system operator, saw its revenues grow to EUR 56.5 million in the first half of 2022, up 79% compared to EUR 31.6 million in the same period last year. The bulk of the revenues came from transmission services for the transport of natural gas, amounting to EUR 29.3 million. However, revenues from gas flow balancing services contributed equally to the growth, as did the extremely high gas prices and the redistribution of gas flows in the system, with more gas transported to Latvia and Poland.
As Lithuania and its neighbours increase focus on their gas supply options, the gas transmission capacity from Lithuania to the Latvian gas system will be increased by one third to 90 gigawatt hours (GWh) per day from 1 November. This will be done by accelerating the implementation of the ELLI strategic project. Market participants will be able to transport more gas both to storage in Latvia and for the needs of Latvia, Estonia and Finland.
Investing in the most in-demand future specialities, Amber Grid, Litgrid, and Tetas, companies belonging to the energy group EPSO-G, have signed a cooperation agreement with Lithuanian universities and have allocated more than EUR 100,000 for scholarships for engineering students. The aim of this step is to address the issue of attracting specialists needed for the transformation of the Lithuanian energy sector. Companies estimate that the need for energy engineering specialists will more than triple by 2030.
Gas transmission system operators Gasgrid Finland Oy, Elering AS, AS Conexus Baltic Grid and AB Amber Grid (TSOs) have jointly prepared the Consolidated Maintenance Works plan of Baltic - Finnish region for the period from October 2022 to December 2023. The maintenance works plan contains scheduled maintenance works of gas transmission system and Inčukalns Underground Gas Storage and capacities offered to the market participants.
