Vilnius, Lithuania, 2012-10-25 14:23 CEST (GLOBE NEWSWIRE) -- On 25 October 2012, the National Control Commission for Prices and Energy (hereinafter referred to as the "NCCPE") adopted its decision on the adjusted AB Lietuvos Dujos natural gas transmission and distribution price caps effective from 1 January 2013. The NCCPE also set the Liquefied Natural Gas Terminal (hereinafter referred to as the "LNGT")-related extra tariff component for the year 2013 to cover part of the costs of the installation of the facilities and the connector of the prospective LNGT. According to the Description of procedures for the administration of funds allocated to cover the costs or part thereof related to the construction and operation of the Liquefied Natural Gas Terminal, the LNGT infrastructure and connector (as adopted by the NCCPE), from 2013, the LNGT funds (calculated on the basis on the LNGT-related extra tariff component) will have to be contributed by all users of the Gas Transmission System. The LNGT funds will be administered by the Transmission System Operator – AB Lietuvos Dujos.
Authorised person:
Vytautas Ruolia
Head of the Planning Division
Tel. +370 52360241
