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Published: 21 august 2019 17:31

Mysterious importer of Russian and Belarussian electricity presents new riddles

Elektros stulpai Kėdainiuose
A. Belinskio nuotr. / Power lines near Kėdainiai

The Latvian company Spectrum Baltic, which obtained the right to import electricity from Kaliningrad and Belarus to Lithuania has raised rumours and caused surprise among energy experts. When it turned out that Latvia intends to trade in power produced at Astravyets Nuclear Power Plant, in Lithuania, a license for electricity imports was granted to a thus far unknown company with one employee. Inter Rao, which has an import monopoly, was surprised by the newcomer’s audacity, while others muse that cunning electricity traders may be hiding behind the Latvian company.

Talks have emerged that it is a front company, behind which hide specialists, who are well familiar with electricity import schemes in the Baltic States.

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