1. Why the Baltic countries could
not agree on LNG terminal
Latvian perspective
Anita Brauna, weekly magazine IR

3. Energy makes a difference
• Energy is the issue of national security
• Each country is looking for the solution what
fits best for it particulary

4. Neighbors do not trust us
• Latvian energy sector is based on Gazprom gas
more than necessary
• Gazprom controlled company Latvijas gāze
was granted 20 years monopoly (ends 2017)
• Gazprom related private investor had plans to
build LNG terminal

5. Different approach to gas market
liberalization
• Latvia: there is no need to annoy Gazprom
while there is no LNG terminal
• Lithuania: we can not talk about LNG terminal
while Gazprom controls gas pipelines

6. Particular (sometimes strange)
national interests
• Lithuania needs LNG terminal ASAP
• Estonians would like to involve Finland in
terminal project
• Latvians think it would be honest to build
terminal in Latvia

7. Lost in translation
• Lack of serious efforts to build one regional
LNG terminal
• Only Latvian government had official offer for
regional project

8. There will not be (another) regional
terminal
• Lithuania does not have interest in another
terminal
• No room for more than one terminal

9. National terminals vs joint Baltic
12
10
national terminal, Estonia
8
national terminal, Latvia
6
national
4 terminal, Lithuania
joint Baltic terminal
2
0
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