Lithuania-Poland Gas Link to Diversify Baltic Sources

Reading Time: < 1 minute

If licensing doesn’t hold things up, the construction of an interconnector designed to help countries around the Baltic Sea diversify their sources of natural gas is scheduled to begin deliveries in the second half of 2022, according to Lithuania’s energy minister, Dainius Kreivys. Once completed, the pipeline will connect the gas grids of Lithuania, Estonia, Latvia and Finland to Poland’s, meaning those countries will be tapped into Europe’s continental gas grid.

This will make for diversification of sources of gas in the Baltics, complementing LNG deliveries to Klaipeda, Lithuania, and Russian gas from Gazprom. The deeper integration of those gas markets, said Kreivys, will open up the prospect of Lithuania’s LNG terminal being able to sell gas to Poland, which is planning on ceasing the use of Russian sources of natural gas.

“We will become a part of a huge, integrated Central European market, demand for gas continues to grow in the region, and at the same time we expect Russian gas imports through Ukraine to get curtailed significantly”, Kreivys said.

Source: Reuters

CET Editor

Recent Posts

Poland tops employment rankings – OECD report

The EU’s employment rate reached a record high of 70.9% in the fourth quarter of…

2 days ago

Greece plans to repay Eurozone’s bailout loans whole decade in advance

Greece has announced plans to repay its first bailout loans a decade ahead of schedule,…

2 days ago

CEE economies tougher than you may think – ING

Despite their export-driven economies and strong manufacturing bases, Central and Eastern Europe (CEE) countries may…

2 days ago

Slovenia mulls French, US bids for nuclear project

Slovenia is at the centre of a strategic struggle between France and the US, as…

2 days ago

Single market is not single, and it’s costing us all

The EU’s internal market is still falling short of its founding promise. Despite decades of…

6 days ago

Foot-and-mouth sees culls, CEE border closures

An outbreak of foot-and-mouth disease (FMD) has prompted mass animal culls and tightened border controls…

1 week ago