• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 19 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 13 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 1 hour "False Flag Planted In Nord Stream Pipeline, GFANZ, Gore, Carney, Net Zero, U.S. Banks, Fake Meat, and more" - NEWS in 28 minutes
  • 6 days Wind droughts
  • 5 hours ""Green" Energy Is a Scam. It Isn't MEANT to Work." - By James Corbett of The Corbett Report
  • 5 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 4 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 2 days Xi Is Set To Be Re-Elected As China’s Leader
  • 7 days Oil Prices Fall After Fed Raises Rates
  • 9 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 12 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
Tin Market Plagued By Bearish Trend

Tin Market Plagued By Bearish Trend

Tin prices reached an all-time…

Why Oil Prices Could Continue To Fall

Why Oil Prices Could Continue To Fall

Despite the bullish news of…

Financial Problems Hit Nuclear Projects in the Balkans

Latvian President Andris Berzins has reaffirmed Latvia's interest in buying electric power generated by Lithuania’s Visaginas nuclear power plant, but asserted that because of the country’s fiscal situation, Latvia would be unable to afford financing new projects for the foreseeable future.

Berzins said in an interview, "It is for the Lithuanian state to deal with this matter, and it would be unwise for them not to go ahead with this project, because they have people who know how to do it.... I am not totally against this project and I wish Lithuania luck. The question is about Latvia's ability to finance this project, which would increase either the government debt or the debt of (Latvian national power utility) Latvenergo," BNS news service reported.

When queried about Latvia's possible financial involvement with the Visaginas NPP project, Berzins remarked, "Sales opportunities are key to each business project, and this is business.... Latvia, of course, is interested, but the question is about terms.... The question is, how much and who would be ready to buy from this new enterprise. It is obvious that Latvia would be interested in buying (electricity)," adding, "Since this Lithuanian NPP project was delayed, Latvia decided to go ahead with its TEC-2 (thermal power plant) project and invested in it."

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News