Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Putin’s threats spur gas independence discussions

May 01, 2014
From wire report

Putin’s threats spur gas  independence discussions
BREAKING BAD HABITS: Energy experts strass the urgency to develop energy independence in the Baltic states.

RIGA - Estonian Riigikogu member Sven Sester, who headed the Baltic Assembly energy market round-table meeting that took place in Klaipeda, said that the Baltic States aspire for independence from the Russian gas supply monopoly, reports Public Broadcasting. Sester said that representatives of all Baltic States that participated in the meeting stated that the dependence on Russian gas has to be drastically reduced because of security and economic reasons.

“Putin’s threats that the events in Ukraine can affect gas deliveries to European Union states show again that Russia is using gas as a political weapon. In reply, the Baltic States and the rest of Europe have to improve their energy security and reduce dependency on Russian energy channels. We have let the situation emerge that the European states are connected via an umbilical cord with Putin’s gas and corruption-smelling gas contracts,” said Sester.
He added that in 20 years energy consumption has doubled, and in the next 20 years it will probably increase by the same amount. It is more and more important to find alternatives to Russian gas.

“The Baltic States should contribute much more into developing energy efficiency. The next step to achieve that will be the regional LNG terminal. Also, energy cooperation between the three Baltic States will have to be improved,” said Sester.
In March, Estonian and Finnish economy ministries agreed that two regional liquefied gas terminals would be built, one in Paldiski, Estonia and one in Inkoo, Finland and although there will be two LNG terminals, one company will operate them. The terminals will be developed by Gasum in Finland and Alexela in Estonia, who have to reach an agreement by the end of May on how things will be organized. The terminals will be linked with the BalticConnector gas pipeline.

 MORE NEWS
  • Baltics move ahead on Polish g...
    RIGA - The Agency for the Cooperation of Energy Regulators (ACER) has made a decis...
  • The geopolitics of asset manag...
    Opportunities for the Baltics Most people, and even many finance professionals...
  • Ligi: Russia not reliable part...
    TALLINN - Estonian Finance Minister Jurgen Ligi stated that Russia is not a good b...
  • Fraud claims taint investment ...
    RIGA - If the Latvian government does not ensure an environment in which a bank...
  • Employers underpaying staff, ...
    TALLINN - A survey by CV Keskus among more than 4,800 respondents has revealed ...
  • LNG models presented in Brusse...
    TALLINN - Finnish energy company Gasum Oy and Estonian energy company AS Alexel...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.