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Energy dependence on Russia to increase

Mar 04, 2010
From wire reports

RIGA - Latvia’s Finance Ministry has supported purchase contracts by Latvenergo which are connected with the second stage of the Riga heating and power station TEC-2 reconstruction project, says ministry spokeswoman Baiba Melnace, reports news agency LETA. The ministry’s positive evaluation of stage two development of the TEC-2 reconstruction work was submitted by Latvenergo, based on the economic justification for the project, as well as on a report by the State Treasury which sh ...

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