ASSESSMENTS

Russia's Hold on the Baltics Loosens

Oct 24, 2014 | 06:03 GMT

EU commissioner for Regional Policy Johannes Hahn (2L) and Lithuanian President Dalia Grybauskaite (2R) stand by a model of the world's first new-build LNG floating storage regasification unit in November 2013.

(PETRAS MALUKAS/AFP/Getty Images)

Summary

Lithuania is set to open a floating liquid natural gas (LNG) import terminal in Klaipeda on Oct. 27. The LNG terminal, once fully operational, will play a significant role in reducing Lithuania and other Baltic states' energy dependence on Russia. This will weaken Russia's use of energy as a political tool in the Baltics, and in turn offer some limited protection for the Baltic countries in the standoff between Moscow and the West.

Lithuania's new LNG import terminal will soon enable the Baltic countries to reduce their energy dependence on Russia....

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