LNG rush threatens Baltic energy transition: why new LNG infrastructure is a false solution for energy security in the Baltics
Citizens protest the proposed Skulte LNG terminal in Riga in front of the Cabinet of Ministers on 4 February 2023. Photo: Niklāvs Kadiķis
Briefing | 14 March 2023
As a result of Russia’s war in Ukraine, the Baltic states and Finland, which had relied on Russia for fossil gas imports, now lack sufficient alternative infrastructure to cover regional demand. The main efforts to diversify gas sources and reduce regional reliance on Russia in the past decade have been the construction of the Klaipeda liquified natural gas (LNG) terminal in Lithuania and Baltic connector, the first gas pipeline connecting Finland and Estonia. Further investments in LNG terminals, such as those in Finland and Latvia, have been proposed by governments as a solution to the curtailed fossil gas supply in affected countries. This briefing shows, however, that no new permanent LNG infrastructure is needed in the Baltic region and Finland.
This publication is also available in Latvian.
Never miss an update
We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.
STAY INFORMED