“Considerable work has been completed on the project, there is an inter-party agreement that once the project is improved, further steps may be taken. We are working on this,” the minister told the Žinių Radijas radio on Thursday.
“Now we find ourselves in a suitable crossroad – Lithuania is standing strong on its feet. With the Liquefied Natural Gas terminal we are at least sure that we will not be cut off from gas. We will have gas and, consequently, electricity. At the moment, generating electricity with gas would be more expensive, therefore, we will import a substantial amount. However, at least we are prepared and the situation similar to the one in Ukraine cannot happen here. From now on we must act wise and see which way is best for us, which is the least expensive one,” the minister said.
Masiulis acknowledged that deliberations over the nuclear power plant have gone on excessively long. He believes, however, that this is natural due to the sheer size of the project. “I would say it (the project – ELTA) has to mature and then we will see its real benefits and how it should be developed,” the minister said.