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Energy independence of the region – common concern for Lithuania and Sweden

Thursday, June 30, Vilnius - President of the Republic of Lithuania Dalia Grybauskaitė had a meeting with Swedish Minister for Enterprise and Energy Maud Olofsson attending the high-level conference ‘Women Enhancing Democracy: Best Practices' in Vilnius.

 

Issues discussed at the bilateral meeting included energy security, building of the NordBalt power bridge between Lithuanian and Sweden, construction of a LNG terminal in Lithuania, and opportunities for closer cooperation within the NB8 framework.

 

The President and the Swedish Minister agreed to intensify cooperation towards timely implementation of all EU decisions related to energy security and towards securing proper financing for vital projects.

 

"The power bridge to Sweden will integrate Baltic electricity networks into the Nordic power market and will ensure our country's and region's energy independence and security. It will also contribute to the establishment of the EU internal market without ‘energy islands', which makes Lithuania's energy projects significant for the whole Europe," the President said.

 

The President thanked Sweden for its continuous support for Lithuania in its efforts to ensure energy independence. Swedish Minister offered to make use of the Swedish experience in the development of renewable energy sector.

 

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