Latvia abandons plans for controversial LNG terminal but still needs to ditch fossil gas
April 12, 2023
Latvia’s government announced yesterday (11 April) it is terminating plans for a liquified fossil gas (commonly termed liquified natural gas or LNG) terminal in Skulte.
Western Balkans: EUR 3.5 billion gas build-out poses economic, energy security risks and threatens green transition
March 30, 2023
Prague, Czech Republic – Plans for EUR 3.5 billion of new gas-fired power plants, pipelines, and liquefied natural gas (LNG) terminals in the Western Balkans would force countries to import far more gas than they have in the past, introducing economic and energy security risks into the region’s already challenging energy transition, finds new research from Global Energy Monitor and Bankwatch.
LNG rush threatens Baltic energy transition: why new LNG infrastructure is a false solution for energy security in the Baltics
March 14, 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 regi