Lithuanian government approves “NordBalt” energy project

VILNIUS - The Lithuanian government on Wednesday approved one of the most important Lithuania's strategic energy projects - construction of the “NordBalt” electricity connection, writes LETA/ELTA.

After the Cabinet approval, the application for permit will be issued and preparatory construction work will begin.

The Lithuania-Sweden “NordBalt” electricity connection will join electrical power systems of the Baltic and Nordic countries, ensuring the security and reliability of electricity supply. It will also create technical conditions for the integration of Lithuanian and Baltic electricity market into the electricity market of Northern European region.

It is estimated that the “NordBalt” link will be put in operation in December 2015. Its capacity will reach 700 MW. This will be the third longest underwater power link in the world.