There already were a number of terminals in Western Europe to receive the LNG, regasify it, and inject it into the European pipeline system. But not in Eastern Europe. The first country to remedy this was Lithuania, which was completely dependent on Russian gas and was paying higher prices than other countries. It opened its first LNG receiving terminal in 2014. At the ceremony, the country’s president described the facility as “a guarantee not only of our energy but also of our economic independence.” She added that Russia would “no longer be able to exert political pressure” by manipulating
...more
