Klaipėda LNG Terminal – a game changer for the regional energy security

Klaipėda LNG Terminal – a game changer for the regional energy security


Lithuania had the highest gas and electricity prices in Europe. The Baltic countries were 100 % dependent on a single gas supplier, in particular, Russian Gasprom. We were extremely vulnerable to any supply disruptions. We ended that era one year ago by establishing LNG terminal in Klaipeda. It carries symbolic name – The Independence.  It opens region for the world market. It decreases dependence on Russian gas. This investment is already paying off because the gas prices went down significantl...


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