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Free AccessEstonia procures 250GWh in Third Gas Tender
The Estonian government procures 250 GWh of gas in a third national tender for natural gas strategic stockpiles. The government has allocated €63mn to the Estonian Stockpiling Agency to pay for the gas.
- Two previous tenders had each procured 100GWh of gas to reach nearly half of the government's target of 1 TWh according to the Minister of Economic Affairs and Communications.
- Estonia paid 252€/MWh in the third tender, up from 192€/MWh at the second.
- €170mn has been earmarked for the purpose of creating strategic gas stockpiles in the May supplementary state budget.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.