Amber Grid

AB Amber Grid
Company typeJoint stock company
Nasdaq BalticAMG1L
IndustryEnergy
Founded2013
Headquarters,
Key people
Nemunas Biknius (Chairman)
Saulius Bilys (CEO)
ProductsNatural gas transmission
Revenue€66.983 million (2022)[1]
OwnerMinistry of Energy
Number of employees
349[2]
Websitewww.ambergrid.lt
Gas pipeline network in Lithuania

AB Amber Grid is the main natural gas transmission operator in Lithuania. It was established in 2013 by spin-off of gas transmission operations from the gas company Lietuvos Dujos.[3]

Amber Grid owns all main pipelines in Lithuania, including natural gas compressor stations and natural gas metering and distribution stations.[4]

Amber Grid is a member of the European Network of Transmission System Operators for Gas (ENTSOG).[5]

In April 2022, President of Lithuania Gitanas Nausėda announced that Lithuanian national gas transmission operator Amber Grid and Lithuania has completely stopped purchasing Russian gas and the transmission system has been operating without Russian gas imports since the beginning of April with no intention to receive Russian gas in the future via Minsk–Kaliningrad Interconnection.[6] Lithuania became the first EU country to end imports of Russian gas following the 2022 Russian invasion of Ukraine.[7]

See also

References

  1. ^ "Amber Grid, AB revenue, profit". www.rekvizitai.vz.lt.
  2. ^ [1]
  3. ^ "Amber Grid | Bendrovė — Nasdaq Baltijos birža". nasdaqbaltic.com (in Lithuanian). Retrieved 26 October 2022.
  4. ^ Poland and Lithuania apply for EU support to connect their gas transmission systems
  5. ^ List of member organizations on ENTSOG Web site
  6. ^ "Lithuania completely abandons Russian gas imports". Amber Grid (in Lithuanian). Archived from the original on 2 April 2022. Retrieved 3 April 2022.
  7. ^ "Lithuania becomes first EU country to end imports of Russian gas". Financial Times. 3 April 2022. Retrieved 3 April 2022.