|Latvia blocks the establishment of independent from Russia energy system in Lithuania
“Independent energy system of the Baltic States is largely dependent on the position of Latvia”. Such conclusion was made at the discussions on energy issues, held at the Estonian Embassy in Lithuania, reported to IA REGNUM on 2 July at the diplomatic representation of this state.
“Further steps of Latvia will have impact as on the prices, as on the pace of the Baltic States in merging with the single European market”, - stated participants of the discussion – the sellers of energy and analysts of this particular sphere of business.
“Decisions of Latvia are expected as in the electricity as in the gas sectors. Energy market is waiting for joining of Latvia into the Nord Pool Spot exchange. Gas sector is looking for the Latvian decision on permitting the future Lithuanian LNG terminal to use the underground gas repository”, - stated the Eesti Energia representative during the discussions.
Moderator of the discussions Robert Juodka, representing the Law Firm VARUL, noted that the possibility of using the Latvian gas repository in general is among the conditions of effective operation of the Lithuanian terminal of liquefied natural gas.
However, as noted by the participants of the discussion, Latvia is taking time in joining the Nord Pool Spot exchange. The proximate steps may be expected only in 2013.
As earlier reported by IA REGNUM, the official Vilnius continues active negotiations with Latvia, trying to convince the latter on the definite advantage of the establishment of the NPP and the LNG terminal in Lithuania. However, Latvia is rather sceptic about these strategic Lithuanian projects.
Prime Minister of Latvia stated that “the state may say ‘no’ to the Lithuania NPP”. With regards to the Lithuanian plans concerning the construction of the LNG terminal, Latvia considers that the Baltic States need a single large terminal that could attract the means of the European Union for the construction, and not just three ‘small terminals’ for each of the three states.
Material has been prepared by the Centre of Geopolitical Studies with reference to the article from "IA REGNUM" of 02 07 2012.