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Commission opens in-depth investigation into Lithuanian measure to compensate Litgas for operation of LNG terminal

December 5, 2022
The European Commission has opened an in-depth investigation to assess whether the compensation granted by Lithuania to Litgas UAB for supplying a mandatory quantity of liquefied natural gas (‘LNG') to the LNG terminal in Klaipėda between 2016 and 2018 is in line with EU State aid rules.

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Commission opens in-depth investigation into Lithuanian measure to compensate Litgas for operation of LNG terminal

Indonesia plans to build nuclear power plant


Indonesia plans to build nuclear power plant

December 5, 2022
Indonesia aims to develop a nuclear power plant in 2039 to achieve net zero emissions and support domestic needs for energy, the country's Nuclear Energy Regulatory Agency (BAPETEN) said.

€13.5 billion French scheme to compensate energy-intensive companies for indirect emission costs

December 5, 2022
The European Commission has approved, under EU State aid rules, a French scheme to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU Emission Trading System (‘ETS').

UK: Business Secretary launches review to prevent small firms from being ripped off by larger companies

December 4, 2022
Business Secretary Grant Shapps has on 3 December, on Small Business Saturday, announced a comprehensive review into tackling late payments for small businesses, while urging large companies to pay their smaller suppliers promptly.

UK government could bring in military to ease strike action, Sunak may prepare new ban on strike

December 4, 2022
The British government is looking at bringing in the military to help keep public services running if key workers, including in the state NHS, take strike action, the chairman of the governing Conservative Party said.

Moscow will not accept price cap on Russian oil

December 4, 2022
Moscow will not accept a price cap on Russian oil, Kremlin Spokesman Dmitry Peskov told reporters

Japan approves $214 billion extra budget to fight inflation

December 3, 2022
The Japanese parliament passed an additional budget of 28.92 trillion yen (214 billion U.S. dollars) for the current fiscal year.

Germany eases residency rules for skilled workers

December 3, 2022
The German Bundestag (lower house of Parliament) adopted a new law that will enable foreigners with a short-term "tolerated stay" permit to obtain a permanent residence permit.

€623 million for a just transition to climate neutrality in Netherlands

December 3, 2022
The Commission has adopted the Dutch Territorial Just Transition Plan (TJTP) making €623 million available under the Just Transition Fund (JTF) to support a fair transition to a climate-neutral economy.

EU and Japan step up cooperation on hydrogen

December 3, 2022
The EU and Japan have intensified their cooperation on hydrogen with the signature of a Memorandum of Cooperation (MoC) to spur innovation and develop an international hydrogen market.
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