Economy

How Lithuania got rid of Russian gas

by

Lithuania became the first European Union country to suspend all imports of Russian gas due to Russia’s decision to invade Ukraine.

Lithuania is currently getting gas from Norway, the US and Qatar.

According to Politico, Western analysts believe that the way the Baltic country used a liquefied natural gas terminal to reduce its dependence on Russian gas could serve as an example for other countries.

Preparations for this step, however, had actually begun about twelve years ago, and since 2014 the FSRU Independence floating gas storage and regeneration station has been operating on the Lithuanian Baltic coast.

“Years ago, my country made decisions that today allow us to seamlessly sever our energy ties with the attacker. “If we can do it, then the rest of Europe can do it,” said Lithuanian President Gitanas Nauseda.

In the context of the attempted detoxification, Vilnius has announced that it is going to cut off the import of Russian oil, although it is worth noting that it remains connected to the Russian electricity network.

The Lithuanian floating gas storage and regasification station FSRU Independence “could serve as a useful example” for those countries that want to move away from Russian gas, notes the European Politico, emphasizing the “positives” of FSRU systems. are: the relatively short period of time (approximately 1 to 3 years) within which they can be constructed, the facilities they present as a project (as they require fewer permits compared to other projects) but also the facilities to move them from one place to another. other.

Analysts say, however, that FSRU-type projects are more suited to small countries such as Lithuania, which consumes 2 billion to 3 billion cubic meters of gas a year.

Instead, countries like Germany, which need about 90 billion cubic meters of gas a year, will have to integrate not one but more FSRUs into a broader energy plan that will include other projects.

Italy, the Netherlands and Estonia have expressed interest in FSRU projects, while Germany, for its part, is planning three such stations that could deliver about 27 billion cubic meters of gas per year.

Source Politico

Follow Skai.gr on Google News
and be the first to know all the news

economyenergyLithuaniaNATURAL GASnewsRussiaSkai.grWar in Ukraine

You May Also Like

Recommended for you