Lithuanian governement is looking into the possibility of terminating agreements with Russian gas company Gazprom, when the Baltic nation’s liquidified natural gas terminal will start operation in 2014, President Dalia Grybauskaitė of Lithuania has noted.
Access to alternative cheaper gas supplies via the terminal will help reduce political and economic pressure from Russia and bring the Lithuania real independence from Gazprom, Grybauskaite has told in an interview in early January.
Similarily to other Baltic neighbours, Lithuania is struggling to reduce Russian dominance in its energy sector. The country pays the highest price for Russian gas supplies in Europe, Prime Minister Algirdas Butkevicius has said.
Bloomberg reports that the government is seeking a 25 percent price reduction from Gazprom, but the Russian state-owned company hesitating to continue talks on this issue.
Source: Baltic News Network
http://bnn-news.com/lithuania-stop-cooperation-gazprom-opening-gas-terminal-108082