Lithuania's gas transmission system operator Amber Grid and Russia's energy giant Gazprom signed on Monday a five-year agreement on the transit of Russian natural gas through Lithuania to the Kaliningrad exclave.
"The new transit service conditions are set for five years – until December 31, 2030. Service prices are determined by the National Energy Regulatory Council, with the permissible revenue level for 2026 set at about 30 million euros," more than double current levels, Amber Grid said in a statement via the Nasdaq Vilnius Stock Exchange.
Under the previous ten-year agreement signed on December 24, 2015, that expires on January 1 next year, Amber Grid's annual revenue from Russian gas transit was expected to total about 10 to 11 million euros.
The contract provided for a transit capacity of 10.5 million cubic meters per day at the entry point from Belarus and the same volume at the exit point to the Kaliningrad region.
That agreement also included a "ship-or-pay" clause requiring the transport of, or payment for, 2.5 billion cubic meters of gas per year.
Gas transit to Kaliningrad through Lithuania rose nine percent last year to 26.1 terawatt-hours, equivalent to 2.5 billion cubic meters.
Lithuania cut off Russian gas imports entirely in April 2022, except for transit through its territory to Kaliningrad.
Analysts and politicians previously told BNS that the agreement was important for Moscow, as the Kaliningrad exclave benefits from cheaper gas deliveries via Lithuania.
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