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Porridge and cabbages – the 14-year LNG terminal saga

The recent news that a Floating Storage Regasification Unit (FRSU) vessel carrying Liquefied Natural Gas (LNG) would be sailing to to Finland rather than to Estonia, albeit to supply both countries, is the latest chapter in a saga going back a decade-and-a-half, linking the politics of both countries, and that of Latvia and Lithuania, not to mention the European Union, with the use of natural gas as a weapon on the part of the Russian Federation.

Gallery: Electricity market reform bills pass first Riigikogu readings

Two bills aimed at reforming the electricity market passed their first Riigikogu reading Wednesday evening in a special session convened for the purpose. The bills, should they enter law, have both the long-term goal of moving towards renewables electricity only, and aim to resolve the immediate issue of soaring electricity prices, by providing a universal, guaranteed service.

CO2 quota price at all-time high

Thursday marks a record high for the price of CO2 permits in the European Emissions Trading System (ETS), which hits €96.35 per ton.

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