*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In order to secure its natural gas supply and decrease its dependence on the Russian supplier Gazprom, Lithuania commissioned Klaipėdos Nafta ["KN"], a company more than 70% owned by the state, to develop a plan for the construction of a liquefied natural gas terminal ["LNG"] and carry out its construction. Background The financing of the terminal was provided by three elements, namely: (i) a special levy paid by all users of the gas transmission network and transferred to KN, in order to finance the investment and operating costs of the terminal; (ii) an obligation to purchase a minimum quota of gas imported via the terminal imposed on certain heat and
CASE COMMENTS: STATE AID - SGEI- ENERGY - LNG TERMINAL
SGEI: The Court of Justice of the European Union dismisses the appeal against the judgment of the General Court of the European Union confirming the decision of the European Commission declaring aid granted by Lithuania for the construction of an LNG terminal in the port of Klaipėda compatible with the internal market (Achemos & Achema)
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