The meeting addressed the creation of the internal energy market in Europe and Lithuania’s accomplishments – strategic electricity and gas links, and electricity network synchronisation. Energy security and economic competitiveness development were discussed as well.
The vice president of the EC emphasised constructive cooperation with Lithuania in the area of energy and said that other countries should follow Lithuania’s example while implementing energy projects. The highly important Liquefied Natural Gas (LNG) Terminal project was noted as an example of how the situation in the energy market can be changed.
Prime Minister Butkevičius was pleased that the first State of the Energy Union Report reflected the progress of the Baltic States, including Lithuania. Furthermore, the importance of the LNG terminal, electricity connections NordBalt and Litpol Link, quadripartite agreement over gas pipeline Lithuania-Poland were emphasised. This will ensure energy security of the whole European Union (EU) as well as economic competitiveness. The head of Government emphasised that support from the EC and member states is crucial for Lithuania when synchronising electricity network of the Baltic States with the network of continental Europe. In addition, the prime minister welcomed the initiative to prepare a detailed EU liquefied natural gas strategy which is hoped to appreciate Lithuania’s potential.