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Law No. XIII-1064 amending Law No. XI-2023 “On energy resources markets”.

Country/Territory
Lithuania
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Subject
Energy
Keyword
Oil Natural gas Biofuel Internal trade
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Entry into force notes
This Law enters into force on 1 May 2018.
Abstract

Article 10 shall be amended to add the following wording: " In accordance with this Law and implementing legislation, the operator of the Energy Stock Exchange manages the energy resources exchange and organizes the central auction of biofuels, natural gas and/or auxiliary instruments on the energy stock exchange and organizes heat auctions in accordance with the procedure established by the Law on the Heat Sector."Article 13 shall be amended to add the following wording: "The operator of the Energy Stock Exchange is not entitled to engage in commercial energy activities related to the exploration, extraction, processing, production, storage, transmission, distribution, supply, trade of energy resources and (or) energy, as well as other regulated activities in the energy sector not related to energy resources exchange and/or heat auction management and organization."

Full text
Lithuanian
Website
e-seimas.lrs.lt

References - Legislation

Amends

Law No. XI-2023 “On energy resources markets”.

Legislation | Lithuania | 2012 (2022)

Keyword: Oil, Natural gas, Biofuel, Authorization/permit, Internal trade, Data collection/reporting, Access-to-information

Source: FAO, FAOLEX