Posts

Can the new Baltic airline company outrivel SAS or Norwegian?

Image
Lithuanian Prime Minister A.Butkevicius during his stay in Estonia in 2013 january, said that it would be interesting for the all three Baltic countries to have their own airline company. "I propose the creation of aviation company to carry out a joint project and be able to financially survive, because of having the airline, which, for example, can work profitably only in Lithuania - it is hardly imaginable." Spoke A.Butkevicius.   Lithuania had the aviation company, not too long ago, that went bankrupt. It should be noted that both Latvia and Estonia have their own airlines. But both of them are unprofitable. Latvia is  looking currently for a strategic investor in loss-making airlines "airBaltic". With the growing losses of "Estonian Air" also started discussions in Estonia on "Estonian Air"'s future. It is not clear what  expect Butkevicius, because Latvians certainly will not  establish another company, having considerable trouble w...

LNG terminal in Klaipeda

Image
Suppressing Lithuania 's energy independence project in Visaginas ,for  Lithuania  the situation is much more difficult at the present. It become important to continue work on LNG terminal in Klaipeda . What is an LNG ? LNG terminals have four main functions: Receiving LNG tankers and unloading their cargo Storing LNG in cryogenic tanks able to withstand temperatures below -160°C Degasifying LNG to meet demand Feeding gas into the national transmission network. The LNG is stored in double-walled insulated tanks to limit boil-off. These tanks are able to withstand the temperatures of below -160°C needed to keep the gas condensed in a liquid state. The outer walls are made of pre-stressed reinforced concrete or steel. However, the newly elected government does not show much enthusiasm for large projects. However, there is hope that at least the LNG terminal will appear .  The European Union decided to support Finland in the adequat...

Lithuania was going to build a new nuclear power plant. Estonia and Poland take the initiative

Image
Visaginas nuclear power plant model After October 14th , held an advisory referendum, in which was said " no new nuclear power plant construction" have  said 62.68 percent of   Lithuanian electoral votes . Latvia and Estonia as well as many foreign observers makes skeptical assessment of project viability. Lithuania is the most dependent country in Europe on energy imports. We import about 60 percent. electricity, but the rest are made of imported gas - only 15 per cent. Lithuania is currently unable to produce electricity without the imported resources. Currently 30 countries worldwide electricity produced 436 nuclear reactors.  Under construction are 65 new nuclear reactors in the 14 states. Oposition take action to nuclear power in Lithuania  In 2011   77.7 percent of electricity in France was produced by nuclear power plants. The same were produced in Lithuania , before has been...