VILNIUS – The Lithuanian government on Wednesday approved an agreement signed with Latvia last spring on "solidarity" gas supply to consumers in an emergency when gas supply is cut off or disrupted.
Lithuanian Energy Minister Dainius Kreivys and Janis Vitenbergs, who then served as Latvia's Economics Minister, signed the agreement on solidarity measures to safeguard the security of gas supply on March 10.
The document sets out the technical, legal and financial arrangements for the application of the solidarity mechanism.
"Solidarity is provided by the providing party to the extent possible and for as long as possible by market-based measures which are intended to help the requesting party to cover the gas amount required to supply its solidarity protected customers," it reads.
The EU's 2017 regulation on measures to safeguard the security of gas supply requires member states to agree on such measures.