Estonia not planning to pay for Russian gas in rubles interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
Eesti Gaas board member Margus Kaasik said that creating an LNG terminal in Estonia will result in more choice and supply security. However, it is difficult to give up Russian gas right now as there are few if any alternatives and the move would have to be regional.
Tarmo Kärsna, member of the board of fuel seller Alexela, said that record-breaking CNG prices will persist also in the future as the price is tied to that of natural gas. The price of a kilogram of CNG or compressed natural gas has grown by around €2 in the last year.
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.
Some electricity providers in Estonia have started canceling their contracts with business clients in light of the record-high prices. This may come as an unpleasant surprise to companies, because some clients may not even be aware that the provider can cancel a contract if it has been stated so in the document.